£251,458
This estimated value is based upon the latest sale price for the house of £137,500 on 2 Dec 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£137,500 | 2 Dec 2008 |
£58,000 | 28 Feb 2000 |
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 December 2008 the House Price Index for ESSEX was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £137,500 results in an estimated price of approximately £251,458.
2 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 149.7 | 82.879 % | £137,500 | £113,958 | £251,458 |
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 | 107.787 % | £148,206 | £285,706 |
3 Month Average | 72.940 % | £100,293 | £237,793 |
6 Month Average | 57.664 % | £79,288 | £216,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £134,121 | £130,000 | 18 POLSTEAD WAY |
22 Nov 2023 | £282,162 | £275,000 | 104 CLOES LANE |
13 Oct 2023 | £252,740 | £247,000 | 31 DEDHAM AVENUE |
8 Sep 2023 | £221,891 | £217,000 | 4 HADLEIGH ROAD |
24 Aug 2023 | £427,714 | £420,000 | 80 CLOES LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Jun 2019. Using an estimated price of £251,459 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on HADLEIGH ROAD is 68 sq meters (742 sq feet).
This house is the largest in the street with a floor area of 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Gardenia Place |
Jun 2024 | Other theft | Under investigation | On or near Gardenia Place |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cloes Lane |
Apr 2024 | Public order | Under investigation | On or near Gardenia Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gardenia Place |