£287,129
This estimated value is based upon the latest sale price for the house of £268,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£268,000 | 20 Dec 2021 |
£147,500 | 27 Sep 2013 |
£140,000 | 5 Jun 2009 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £268,000 results in an estimated price of approximately £287,129.
20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £268,000 | £19,129 | £287,129 |
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 | 32.981 % | £88,387 | £356,387 |
3 Month Average | 10.421 % | £27,927 | £295,927 |
6 Month Average | 7.126 % | £19,098 | £287,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £253,411 | £250,000 | 68 WOODLANDS CLOSE |
31 Mar 2023 | £211,997 | £210,000 | 84 WOODLANDS CLOSE |
10 Feb 2023 | £99,933 | £100,000 | 61 WOODLANDS CLOSE |
11 Aug 2022 | £383,966 | £385,000 | 85A GORSE LANE |
27 Jun 2022 | £273,870 | £270,000 | 57 WOODLANDS CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Jun 2015. Using an estimated price of £287,129 means this house is valued at £4,417 per sq meter (£410 per sq foot).
The average size of a house on GORSE LANE is 107 sq meters (1,152 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Parking Area | |
Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |
Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |