£612,447
This estimated value is based upon the latest sale price for the house of £460,000 on 2 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£460,000 | 2 Aug 2016 |
£218,000 | 18 Dec 2002 |
£163,000 | 23 Mar 2001 |
£74,000 | 12 Sep 1997 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,400 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £460,000 results in an estimated price of approximately £612,447.
2 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £460,000 | £152,447 | £612,447 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -33.105 % | £-152,282 | £307,717 |
3 Month Average | 10.792 % | £49,643 | £509,643 |
6 Month Average | 15.557 % | £71,564 | £531,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £290,075 | £285,000 | 21 GLADSTONE ROAD |
21 Sep 2023 | £861,009 | £850,000 | 22A WIMPOLE ROAD |
18 Sep 2023 | £415,310 | £410,000 | 70 WINNOCK ROAD |
5 Sep 2023 | £262,354 | £259,000 | 22 WINSLEY ROAD |
29 Mar 2023 | £363,424 | £360,000 | 36 GLADSTONE ROAD |
This house has a floor area of 130 sq meters or 1,400 sq feet when measured on 26 May 2011. Using an estimated price of £612,447 means this house is valued at £4,706 per sq meter (£437 per sq foot).
The average size of a house on WIMPOLE ROAD is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wimpole Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wimpole Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wimpole Road |
Jan 2024 | Anti-social behaviour | On or near Wimpole Road | |
Jan 2024 | Anti-social behaviour | On or near Wimpole Road |