£129,454
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Apr 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £80,000 | 12 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2007 the House Price Index for ESSEX was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £80,000 results in an estimated price of approximately £129,454.
| 12 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £80,000 | £49,454 | £129,454 |
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 | 61.708 % | £49,366 | £129,366 |
| 3 Month Average | 61.096 % | £48,876 | £128,876 |
| 6 Month Average | 54.701 % | £43,760 | £123,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £138,122 | £136,000 | 36 PORTER WAY |
| 29 Nov 2023 | £233,425 | £227,500 | 15 MASON ROAD |
| 25 Sep 2023 | £270,973 | £265,000 | 9 FARMERS WAY |
| 4 Aug 2023 | £203,673 | £200,000 | 25 MASON ROAD |
| 23 Jun 2023 | £326,544 | £320,000 | 17 FARMERS WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Sep 2013. Using an estimated price of £129,454 means this house is valued at £1,505 per sq meter (£139 per sq foot).
The average size of a house on MASON ROAD is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Tanner Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tanner Close |
| Jun 2024 | Anti-social behaviour | On or near Tanner Close | |
| Jun 2024 | Anti-social behaviour | On or near Tanner Close | |
| May 2024 | Drugs | Under investigation | On or near Tanner Close |