£253,408
This estimated value is based upon the latest sale price for the house of £205,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 31 May 2019 |
| £139,500 | 14 Nov 2001 |
| £75,000 | 15 Jul 1998 |
| £16,000 | 17 Apr 1996 |
| 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £205,000 results in an estimated price of approximately £253,408.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £205,000 | £48,408 | £253,408 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 29.891 % | £61,275 | £266,275 |
| 3 Month Average | 30.772 % | £63,083 | £268,083 |
| 6 Month Average | 22.671 % | £46,474 | £251,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £477,063 | £470,000 | 198 WALTON ROAD |
| 6 Feb 2023 | £399,731 | £400,000 | 109 RAINHAM WAY |
| 21 Jul 2022 | £461,237 | £459,995 | 214 WALTON ROAD |
| 29 Apr 2022 | £177,640 | £172,500 | 67 COLUMBINE GARDENS |
| 7 Jan 2022 | £342,033 | £325,000 | 73 BUTCHERS LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 8 Sep 2020. Using an estimated price of £253,408 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on WALTON ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butchers Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Butchers Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Butchers Lane |
| Mar 2024 | Other crime | Under investigation | On or near Dairy Meadow Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |