£191,679
This estimated value is based upon the latest sale price for the house of £154,995 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£154,995 | 25 Apr 2019 |
£136,000 | 14 Oct 2016 |
£115,000 | 20 Dec 2006 |
£105,000 | 15 Oct 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £154,995 results in an estimated price of approximately £191,679.
25 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £154,995 | £36,684 | £191,679 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 3.955 % | £6,130 | £161,125 |
3 Month Average | 18.156 % | £28,140 | £183,135 |
6 Month Average | 11.051 % | £17,128 | £172,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £243,607 | £240,000 | 8 VERONICA WALK |
29 Mar 2023 | £262,473 | £260,000 | 24 CONIFER CLOSE |
24 Feb 2023 | £269,818 | £270,000 | 7 VERONICA WALK |
28 Apr 2022 | £270,322 | £262,500 | 20 CONIFER CLOSE |
14 Apr 2022 | £93,197 | £90,500 | 25 CONIFER CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Sep 2012. Using an estimated price of £191,679 means this house is valued at £2,738 per sq meter (£254 per sq foot).
The average size of a house on ERICA WALK is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Offender given a caution | On or near Veronica Walk |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Veronica Walk |
Mar 2024 | Anti-social behaviour | On or near Veronica Walk | |
Mar 2024 | Possession of weapons | Under investigation | On or near Veronica Walk |
Mar 2024 | Public order | Under investigation | On or near Veronica Walk |