£195,417
This estimated value is based upon the latest sale price for the house of £133,000 on 28 Apr 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£133,000 | 28 Apr 2015 |
£79,500 | 2 Mar 2001 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 708 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 April 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £133,000 results in an estimated price of approximately £195,417.
28 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £133,000 | £62,417 | £195,417 |
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 | 81.521 % | £108,423 | £241,423 |
3 Month Average | 41.255 % | £54,869 | £187,869 |
6 Month Average | 42.371 % | £56,353 | £189,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £208,081 | £205,000 | 2 BECONTREE CLOSE |
21 Apr 2023 | £101,088 | £100,000 | 9 ILFORD COURT EPPING CLOSE |
28 Jul 2022 | £213,575 | £213,000 | 20 BECONTREE CLOSE |
23 Jun 2022 | £117,663 | £116,000 | 9A ILFORD COURT EPPING CLOSE |
5 Mar 2021 | £230,413 | £207,000 | 2 HAVERING CLOSE |
This house has a floor area of 65 sq meters or 708 sq feet when measured on 16 Sep 2011. Using an estimated price of £195,417 means this house is valued at £2,967 per sq meter (£275 per sq foot).
The average size of a house on EPPING CLOSE is 52 sq meters (569 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Redbridge Road |
Jan 2024 | Other theft | Under investigation | On or near Fairlop Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairlop Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Avenue |