£311,150
This estimated value is based upon the latest sale price for the house of £245,000 on 9 Nov 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 9 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £245,000 results in an estimated price of approximately £311,150.
| 9 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £245,000 | £66,150 | £311,150 |
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 | -19.242 % | £-47,144 | £197,855 |
| 3 Month Average | 9.889 % | £24,228 | £269,228 |
| 6 Month Average | 16.057 % | £39,340 | £284,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £297,553 | £290,000 | 4 CARLISLE CLOSE |
| 14 Jun 2023 | £346,953 | £340,000 | 20 LINCOLN WAY |
| 2 Jun 2023 | £336,748 | £330,000 | 53 GUILDFORD ROAD |
| 22 Feb 2023 | £342,286 | £340,000 | 3 LEICESTER CLOSE |
| 28 Nov 2022 | £283,674 | £285,000 | 7 YORK PLACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Aug 2014. Using an estimated price of £311,150 means this house is valued at £3,841 per sq meter (£356 per sq foot).
The average size of a house on WORCESTER ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carlisle Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wakefield Close |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Wakefield Close |
| Jul 2024 | Public order | Under investigation | On or near Bristol Road |
| Jul 2024 | Public order | Under investigation | On or near Bristol Road |