£317,368
This estimated value is based upon the latest sale price for the house of £200,000 on 14 Apr 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£200,000 | 14 Apr 2008 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 April 2008 the House Price Index for ESSEX was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £200,000 results in an estimated price of approximately £317,368.
14 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £200,000 | £117,368 | £317,368 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 106.029 % | £212,058 | £412,058 |
3 Month Average | 66.732 % | £133,463 | £333,463 |
6 Month Average | 64.851 % | £129,702 | £329,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £193,378 | £189,995 | 11 MANSION HOUSE SALAMANCA WAY |
1 Dec 2023 | £271,755 | £267,000 | 11 LORDSWOOD ROAD |
17 Mar 2023 | £358,376 | £355,000 | 8 TALAVERA CRESCENT |
28 Feb 2023 | £147,401 | £147,500 | 18 SALAMANCA WAY |
19 Jan 2023 | £158,752 | £159,500 | 2 MANSION HOUSE SALAMANCA WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Nov 2018. Using an estimated price of £317,368 means this house is valued at £3,449 per sq meter (£320 per sq foot).
The average size of a house on SALAMANCA WAY is 71 sq meters (770 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Talavera Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Talavera Crescent |
Mar 2024 | Burglary | Under investigation | On or near Salamanca Way |
Feb 2024 | Anti-social behaviour | On or near Salamanca Way | |
Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Salamanca Way |