£310,867
This estimated value is based upon the latest sale price for the house of £265,000 on 6 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 6 Oct 2020 |
| £220,000 | 16 Sep 2016 |
| £175,000 | 13 Jul 2012 |
| £160,000 | 29 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 820 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £265,000 results in an estimated price of approximately £310,867.
| 6 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £265,000 | £45,867 | £310,867 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -42.183 % | £-111,785 | £153,214 |
| 3 Month Average | -7.045 % | £-18,669 | £246,330 |
| 6 Month Average | 0.454 % | £1,202 | £266,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £293,756 | £290,000 | 6 SMYTHIES AVENUE |
| 22 Sep 2023 | £303,885 | £300,000 | 38 EAST HILL |
| 4 Sep 2023 | £273,497 | £270,000 | 17 ST AUGUSTINE MEWS |
| 20 Jul 2023 | £202,729 | £200,000 | 36A EAST HILL |
| 15 Jul 2022 | £401,080 | £400,000 | 15 SMYTHIES AVENUE |
This house has a floor area of 76 sq meters or 820 sq feet when measured on 26 Mar 2012. Using an estimated price of £310,867 means this house is valued at £4,078 per sq meter (£378 per sq foot).
The average size of a house on SMYTHIES AVENUE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |