£242,531
This estimated value is based upon the latest sale price for the house of £162,000 on 30 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£162,000 | 30 Oct 2014 |
£40,000 | 15 Nov 1996 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £162,000 results in an estimated price of approximately £242,531.
30 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £162,000 | £80,531 | £242,531 |
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 | 23.743 % | £38,464 | £200,464 |
3 Month Average | 34.727 % | £56,257 | £218,257 |
6 Month Average | 42.138 % | £68,263 | £230,263 |
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 99 sq meters or 1,065 sq feet when measured on 18 Jun 2014. Using an estimated price of £242,531 means this house is valued at £2,449 per sq meter (£227 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 |