£369,928
This estimated value is based upon the latest sale price for the house of £167,250 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£167,250 | 14 Nov 2003 |
£132,500 | 4 Oct 2002 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,312 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in November 2003 the House Price Index for ESSEX was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £167,250 results in an estimated price of approximately £369,928.
14 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 148.6 | 121.183 % | £167,250 | £202,678 | £369,928 |
The Postcode Pricing Model uses changes in average sales price within the CO16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 136.439 % | £228,193 | £395,443 |
3 Month Average | 90.100 % | £150,692 | £317,942 |
6 Month Average | 92.176 % | £154,164 | £321,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £228,381 | £225,000 | 3 WOODBRIDGE GROVE |
20 Sep 2023 | £121,554 | £120,000 | 71 MELTON CLOSE |
16 Nov 2022 | £271,709 | £275,000 | 39 BATTISFORD DRIVE |
20 Jun 2022 | £243,435 | £239,995 | 27 CAVENDISH DRIVE |
23 Mar 2022 | £155,439 | £150,000 | 57 MELTON CLOSE |
This house has a floor area of 121 sq meters or 1,312 sq feet when measured on 8 Mar 2012. Using an estimated price of £369,928 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on BLUEHOUSE AVENUE is 92 sq meters (999 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,312 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bluehouse Avenue |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Melton Close |
Apr 2024 | Drugs | Under investigation | On or near Battisford Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Battisford Drive |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Thorndon Close |