£251,106
This estimated value is based upon the latest sale price for the house of £215,000 on 23 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £215,000 | 23 Nov 2020 |
| £182,000 | 11 Jun 2013 |
| £195,000 | 21 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £215,000 results in an estimated price of approximately £251,106.
| 23 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £215,000 | £36,106 | £251,106 |
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 | -5.627 % | £-12,097 | £202,902 |
| 3 Month Average | -0.965 % | £-2,074 | £212,925 |
| 6 Month Average | -0.670 % | £-1,439 | £213,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £279,154 | £273,000 | 14 GAINSBOROUGH CLOSE |
| 21 Jun 2023 | £336,748 | £330,000 | 27 BOCKINGS GROVE |
| 17 Mar 2023 | £449,507 | £442,000 | 30 COTTAGE GROVE |
| 2 Sep 2022 | £249,833 | £250,000 | 206 CONSTABLE AVENUE |
| 21 Apr 2022 | £414,969 | £400,000 | 4 BOCKINGS GROVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 May 2013. Using an estimated price of £251,106 means this house is valued at £2,954 per sq meter (£274 per sq foot).
The average size of a house on GAINSBOROUGH CLOSE is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottage Walk |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottage Walk |
| Jul 2024 | Possession of weapons | Under investigation | On or near Bocking'S Grove |
| May 2024 | Drugs | Local resolution | On or near Bocking'S Grove |