£254,478
This estimated value is based upon the latest sale price for the house of £219,500 on 16 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £219,500 | 16 Nov 2020 |
| £128,000 | 29 Jan 2016 |
| £140,000 | 20 Feb 2004 |
| £89,500 | 2 Nov 2001 |
| £56,000 | 8 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £219,500 results in an estimated price of approximately £254,478.
| 16 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £219,500 | £34,978 | £254,478 |
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 | 14.759 % | £32,395 | £251,895 |
| 3 Month Average | -4.159 % | £-9,129 | £210,370 |
| 6 Month Average | -5.758 % | £-12,639 | £206,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £278,562 | £275,000 | 83 DOUGLAS ROAD |
| 20 Jul 2023 | £324,366 | £320,000 | 108 DOUGLAS ROAD |
| 14 Oct 2022 | £222,603 | £225,000 | 3 ASTER CLOSE |
| 27 Apr 2022 | £128,725 | £125,000 | 17 AZALEA WAY |
| 18 Mar 2022 | £260,102 | £251,000 | 87 DOUGLAS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Aug 2015. Using an estimated price of £254,478 means this house is valued at £2,891 per sq meter (£268 per sq foot).
The average size of a house on TULIP WAY is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Tulip Way | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tulip Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tulip Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tulip Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tulip Way |