£210,808
This estimated value is based upon the latest sale price for the house of £147,500 on 30 Sep 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£147,500 | 30 Sep 2015 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 September 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £147,500 results in an estimated price of approximately £210,808.
30 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £147,500 | £63,308 | £210,808 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 117.428 % | £173,206 | £320,706 |
3 Month Average | 58.183 % | £85,819 | £233,319 |
6 Month Average | 47.016 % | £69,348 | £216,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £183,681 | £180,000 | 14 WILLOW WAY |
6 Jan 2023 | £145,388 | £145,000 | 22 WILLOW WAY |
27 May 2022 | £297,757 | £290,000 | 24 ABBOTT ROAD |
7 Apr 2022 | £118,266 | £114,000 | 2 WILLOW WAY |
14 Jan 2022 | £243,846 | £230,000 | 57 WILLOW WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Mar 2015. Using an estimated price of £210,808 means this house is valued at £2,635 per sq meter (£244 per sq foot).
The average size of a house on ABBOTT ROAD is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Balton Way |
Apr 2024 | Drugs | Unable to prosecute suspect | On or near Balton Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Way |
May 2024 | Violence and sexual offences | Under investigation | On or near Willow Way |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Willow Way |