£348,259
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 12 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 983 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 August 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £200,000 results in an estimated price of approximately £348,259.
| 12 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £200,000 | £148,259 | £348,259 |
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 | -1.857 % | £-3,713 | £196,286 |
| 3 Month Average | 37.988 % | £75,976 | £275,976 |
| 6 Month Average | 41.994 % | £83,988 | £283,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £312,088 | £305,000 | 136 COWDRAY AVENUE |
| 19 Jun 2023 | £273,481 | £268,000 | 13 MEANDER MEWS |
| 2 Nov 2022 | £303,580 | £305,000 | 3 RIVER BANK WALK |
| 3 Feb 2022 | £264,114 | £250,000 | 18 REED WALK |
| 11 Jan 2022 | £345,625 | £326,000 | 16 RIVER BANK WALK |
This house has a floor area of 91 sq meters or 983 sq feet when measured on 28 Jun 2010. Using an estimated price of £348,260 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on REED WALK is 90 sq meters (975 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 | Drugs | Formal action is not in the public interest | On or near Meander Mews |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Meander Mews |
| May 2024 | Anti-social behaviour | On or near Meander Mews |