£569,618
This estimated value is based upon the latest sale price for the house of £464,250 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £464,250 | 20 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £464,250 results in an estimated price of approximately £569,618.
| 20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £464,250 | £105,368 | £569,618 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 40.340 % | £187,279 | £651,529 |
| 3 Month Average | -10.175 % | £-47,238 | £417,011 |
| 6 Month Average | 6.151 % | £28,557 | £492,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £493,637 | £485,000 | MARY'S GATE, 21 ST MARYS ROAD |
| 29 Sep 2023 | £460,893 | £455,000 | 38 ST MARYS ROAD |
| 15 Aug 2023 | £595,207 | £590,000 | 31 GREENWAY |
| 21 Jul 2023 | £560,038 | £552,500 | 22 GREENWAY |
| 16 Mar 2022 | £481,862 | £465,000 | SANDYPAWS, 15 GREENWAY |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 20 Mar 2014. Using an estimated price of £569,618 means this house is valued at £4,746 per sq meter (£440 per sq foot).
The average size of a house on GLEBE WAY is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Mary'S Road |
| Feb 2024 | Possession of weapons | Local resolution | On or near St Mary'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| Apr 2024 | Vehicle crime | Action to be taken by another organisation | On or near Peacehaven |