£265,747
This estimated value is based upon the latest sale price for the house of £205,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£205,000 | 19 May 2017 |
Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £205,000 results in an estimated price of approximately £265,747.
19 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £205,000 | £60,747 | £265,747 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 14.584 % | £29,897 | £234,897 |
3 Month Average | 12.776 % | £26,191 | £231,191 |
6 Month Average | 21.517 % | £44,110 | £249,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £318,000 | £318,000 | 17 SUFFOLK CLOSE |
15 Dec 2023 | £234,712 | £227,500 | 32 NORFOLK AVENUE |
13 Dec 2023 | £295,583 | £286,500 | 36 NORFOLK AVENUE |
4 Sep 2023 | £327,213 | £320,000 | 78 FLEETWOOD AVENUE |
22 Jun 2022 | £332,099 | £325,000 | 18 NORFOLK AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Apr 2017. Using an estimated price of £265,747 means this house is valued at £4,581 per sq meter (£425 per sq foot).
The average size of a house on NORFOLK AVENUE is 71 sq meters (769 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Boulevard |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Fleetwood Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manchester Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edison Road |