£362,558
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Jul 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Jul 2007 |
| £95,000 | 26 Apr 2001 |
| £64,490 | 22 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £230,000 results in an estimated price of approximately £362,558.
| 30 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £230,000 | £132,558 | £362,558 |
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 | 50.559 % | £116,286 | £346,286 |
| 3 Month Average | 37.041 % | £85,194 | £315,194 |
| 6 Month Average | 38.293 % | £88,074 | £318,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £223,306 | £220,000 | 15 HEATHER CLOSE |
| 4 Sep 2023 | £177,267 | £175,000 | 76 THE AVENUE |
| 28 Jul 2023 | £212,865 | £210,000 | 8 HEATHER CLOSE |
| 8 Jun 2023 | £366,439 | £362,000 | 29 THE AVENUE |
| 1 Apr 2022 | £185,364 | £180,000 | 102 THE AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Aug 2014. Using an estimated price of £362,558 means this house is valued at £4,265 per sq meter (£396 per sq foot).
The average size of a house on BURRS ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Heather Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heather Close |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Close |