£260,973
This estimated value is based upon the latest sale price for the house of £150,000 on 11 May 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£150,000 | 11 May 2011 |
Detached |
Freehold |
Floor Area: 80 sq meters or 864 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 May 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £150,000 results in an estimated price of approximately £260,973.
11 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £150,000 | £110,973 | £260,973 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 28.430 % | £42,645 | £192,645 |
3 Month Average | 71.123 % | £106,684 | £256,684 |
6 Month Average | 71.658 % | £107,486 | £257,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £286,267 | £279,000 | 1 GOULDINGS AVENUE |
2 Jun 2023 | £244,908 | £240,000 | 3 GOULDINGS AVENUE |
20 Feb 2023 | £327,186 | £325,000 | 17 LOWES CHASE |
27 Jan 2023 | £278,745 | £278,000 | 69 KIRBY ROAD |
21 Jul 2022 | £261,621 | £259,000 | 3 THE RIDGE |
This house has a floor area of 80 sq meters or 864 sq feet when measured on 2 Sep 2009. Using an estimated price of £260,973 means this house is valued at £3,249 per sq meter (£301 per sq foot).
The average size of a house on WADE REACH is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Action to be taken by another organisation | On or near Wade Reach |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Gouldings Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gouldings Avenue |
Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Elliots Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Warde Chase |