£217,700
This estimated value is based upon the latest sale price for the house of £126,000 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £126,000 | 23 Sep 2011 |
| £58,500 | 26 Jan 2001 |
| £54,250 | 16 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 719 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 September 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £126,000 results in an estimated price of approximately £217,700.
| 23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £126,000 | £91,700 | £217,700 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 87.260 % | £109,947 | £235,947 |
| 3 Month Average | 63.505 % | £80,016 | £206,016 |
| 6 Month Average | 62.964 % | £79,334 | £205,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £208,081 | £205,000 | 2 BECONTREE CLOSE |
| 14 Aug 2023 | £244,640 | £242,500 | 48 REDBRIDGE ROAD |
| 27 Feb 2023 | £249,832 | £250,000 | 7 NEWINGTON GARDENS |
| 28 Jul 2022 | £213,575 | £213,000 | 20 BECONTREE CLOSE |
| 6 Jul 2022 | £300,810 | £300,000 | 23 REDBRIDGE ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 11 Oct 2010. Using an estimated price of £217,700 means this house is valued at £3,258 per sq meter (£302 per sq foot).
The average size of a house on NEWINGTON GARDENS is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Farmleigh Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Farmleigh Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Becontree Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Becontree Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chingford Avenue |