£345,624
This estimated value is based upon the latest sale price for the house of £326,000 on 11 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £326,000 | 11 Jan 2022 |
| £218,000 | 29 Jun 2015 |
| £220,000 | 29 Jun 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £326,000 results in an estimated price of approximately £345,624.
| 11 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £326,000 | £19,624 | £345,624 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -16.304 % | £-53,151 | £272,848 |
| 3 Month Average | 9.994 % | £32,579 | £358,579 |
| 6 Month Average | 2.974 % | £9,694 | £335,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £297,553 | £290,000 | 4 CARLISLE CLOSE |
| 19 Jun 2023 | £273,481 | £268,000 | 13 MEANDER MEWS |
| 2 Nov 2022 | £303,580 | £305,000 | 3 RIVER BANK WALK |
| 12 Aug 2022 | £338,583 | £337,000 | 294 COWDRAY AVENUE |
| 3 Feb 2022 | £264,114 | £250,000 | 18 REED WALK |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Jun 2012. Using an estimated price of £345,625 means this house is valued at £3,927 per sq meter (£364 per sq foot).
The average size of a house on RIVER BANK WALK is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meander Mews |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Meander Mews |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Meander Mews |
| Jun 2024 | Drugs | Formal action is not in the public interest | On or near Meander Mews |
| May 2024 | Anti-social behaviour | On or near Meander Mews |