£178,837
This estimated value is based upon the latest sale price for the house of £103,000 on 4 Nov 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £103,000 | 4 Nov 2011 |
| £75,000 | 27 Sep 2002 |
| £32,000 | 14 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 605 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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £103,000 results in an estimated price of approximately £178,837.
| 4 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £103,000 | £75,837 | £178,837 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 137.992 % | £142,131 | £245,131 |
| 3 Month Average | 73.195 % | £75,391 | £178,391 |
| 6 Month Average | 64.111 % | £66,034 | £169,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £278,000 | £278,000 | 5 SWALLOW CLOSE |
| 27 Oct 2023 | £373,483 | £365,000 | 18 SWALLOW CLOSE |
| 15 Jul 2022 | £232,328 | £230,000 | 51 JUBILEE CLOSE |
| 6 Jan 2022 | £227,943 | £215,000 | 2 JUBILEE CLOSE |
| 9 Sep 2021 | £295,275 | £272,000 | 3 SWALLOW CLOSE |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 13 Oct 2010. Using an estimated price of £178,837 means this house is valued at £3,178 per sq meter (£295 per sq foot).
The average size of a house on JUBILEE CLOSE is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Close |
| Jul 2024 | Public order | Under investigation | On or near Swallow Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Swallow Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Dales |