£340,064
This estimated value is based upon the latest sale price for the house of £172,000 on 7 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£172,000 | 7 Jun 2004 |
£77,000 | 31 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 713 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £172,000 results in an estimated price of approximately £340,064.
7 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 148.6 | 97.712 % | £172,000 | £168,064 | £340,064 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 98.602 % | £169,596 | £341,596 |
3 Month Average | 106.951 % | £183,955 | £355,955 |
6 Month Average | 110.051 % | £189,288 | £361,288 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £291,422 | £287,500 | 2 COLUMBINE GARDENS |
6 Mar 2023 | £292,758 | £290,000 | 5 WINTERBOURNES |
20 Jan 2023 | £253,804 | £255,000 | 171 WALTON ROAD |
24 Aug 2022 | £309,168 | £310,000 | 155 CLAYS ROAD |
1 Jul 2022 | £250,675 | £250,000 | 118 CLAYS ROAD |
This house has a floor area of 66 sq meters or 713 sq feet when measured on 27 Mar 2012. Using an estimated price of £340,064 means this house is valued at £5,133 per sq meter (£476 per sq foot).
The average size of a house on CLAYS ROAD is 82 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Brambles |
Apr 2024 | Drugs | Local resolution | On or near B1336 |
Apr 2024 | Drugs | Under investigation | On or near B1336 |
Jan 2024 | Drugs | Local resolution | On or near B1336 |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1336 |