£228,972
This estimated value is based upon the latest sale price for the house of £197,500 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £197,500 | 27 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £197,500 results in an estimated price of approximately £228,972.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £197,500 | £31,472 | £228,972 |
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 | 16.060 % | £31,719 | £229,219 |
| 3 Month Average | 10.600 % | £20,935 | £218,435 |
| 6 Month Average | 11.298 % | £22,314 | £219,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £304,508 | £300,000 | 23 TEWKESBURY ROAD |
| 20 Sep 2023 | £144,852 | £143,000 | 43 OXFORD CRESCENT |
| 1 Mar 2023 | £208,969 | £207,000 | 116 OXFORD CRESCENT |
| 19 Oct 2022 | £265,145 | £268,000 | 76 OXFORD CRESCENT |
| 30 Sep 2022 | £257,917 | £260,000 | 88 OXFORD CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Jul 2014. Using an estimated price of £228,972 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on TEWKESBURY ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Tewkesbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tewkesbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tewkesbury Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Kingwell Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingwell Avenue |