£244,588
This estimated value is based upon the latest sale price for the house of £81,000 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£81,000 | 28 Mar 2002 |
£44,000 | 24 Apr 1998 |
£45,000 | 20 Nov 1997 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 953 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 March 2002 the House Price Index for ESSEX was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £81,000 results in an estimated price of approximately £244,588.
28 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £81,000 | £163,588 | £244,588 |
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 | 112.658 % | £91,252 | £172,252 |
3 Month Average | 154.847 % | £125,426 | £206,426 |
6 Month Average | 148.271 % | £120,099 | £201,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £201,765 | £200,000 | 49 LIME AVENUE |
19 Jul 2023 | £279,765 | £276,000 | 6 LIME AVENUE |
17 Apr 2023 | £224,416 | £222,000 | 63 BIRCH AVENUE |
23 Mar 2023 | £174,141 | £172,500 | 59 BIRCH AVENUE |
20 Mar 2023 | £268,530 | £266,000 | 37 LIME AVENUE |
This house has a floor area of 88 sq meters or 953 sq feet when measured on 11 Feb 2009. Using an estimated price of £244,589 means this house is valued at £2,761 per sq meter (£256 per sq foot).
The average size of a house on LIME AVENUE is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Avenue |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Birch Avenue |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Birch Avenue |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Birch Avenue |