£254,547
This estimated value is based upon the latest sale price for the house of £74,500 on 25 Jun 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£74,500 | 25 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 2001 the House Price Index for ESSEX was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £74,500 results in an estimated price of approximately £254,547.
25 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £74,500 | £180,047 | £254,547 |
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 | 174.170 % | £129,756 | £204,256 |
3 Month Average | 205.720 % | £153,261 | £227,761 |
6 Month Average | 205.676 % | £153,228 | £227,728 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £266,772 | £260,000 | 49 DOUGLAS ROAD |
25 Mar 2022 | £265,159 | £254,000 | 22 SALVIA CLOSE |
15 Feb 2022 | £274,679 | £260,000 | 71 DOUGLAS ROAD |
15 Oct 2021 | £253,587 | £227,500 | 21 SOUTHGREEN GARDENS |
30 Sep 2021 | £298,532 | £275,000 | 14 DAHLIA CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 May 2016. Using an estimated price of £254,548 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on DAHLIA CLOSE is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dahlia Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dahlia Close |