£246,453
This estimated value is based upon the latest sale price for the house of £200,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 23 Nov 2018 |
| £130,000 | 19 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 961 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £200,000 results in an estimated price of approximately £246,453.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £200,000 | £46,453 | £246,453 |
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 | 26.169 % | £52,338 | £252,338 |
| 3 Month Average | 10.676 % | £21,351 | £221,351 |
| 6 Month Average | 7.144 % | £14,288 | £214,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £268,432 | £265,000 | 5 KINGSMAN DRIVE |
| 22 Jul 2022 | £350,945 | £350,000 | 10 PETER BRUFF AVENUE |
| 28 Apr 2022 | £149,321 | £145,000 | 50 LAND CLOSE |
| 14 Apr 2022 | £288,344 | £280,000 | 7 PETER BRUFF AVENUE |
| 8 Nov 2021 | £286,601 | £265,000 | 9 WOOLWICH ROAD |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 3 Sep 2010. Using an estimated price of £246,453 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on KINGSMAN DRIVE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingsman Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finer Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Finer Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finer Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parry Drive |