£277,530
This estimated value is based upon the latest sale price for the house of £269,500 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£269,500 | 20 Apr 2022 |
£148,500 | 13 Aug 2015 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £269,500 results in an estimated price of approximately £277,530.
20 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £269,500 | £8,030 | £277,530 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 2.039 % | £5,495 | £274,995 |
3 Month Average | -20.464 % | £-55,151 | £214,348 |
6 Month Average | -14.492 % | £-39,057 | £230,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £274,808 | £270,000 | 60 SAXMUNDHAM WAY |
24 Nov 2023 | £162,404 | £160,000 | 44 BATTISFORD DRIVE |
3 Nov 2023 | £279,133 | £275,000 | 70 SAXMUNDHAM WAY |
16 Nov 2022 | £271,709 | £275,000 | 39 BATTISFORD DRIVE |
20 Apr 2022 | £277,531 | £269,500 | 18 SAXSTEAD DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Dec 2014. Using an estimated price of £277,531 means this house is valued at £4,785 per sq meter (£444 per sq foot).
The average size of a house on SAXSTEAD DRIVE is 73 sq meters (795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benhall Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benhall Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Stokeash Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Close |
Jan 2024 | Drugs | Under investigation | On or near Snape Close |