£213,799
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Oct 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Oct 2012 |
| £134,995 | 22 Jul 2003 |
| £89,500 | 30 Nov 2001 |
| £59,500 | 15 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £125,000 results in an estimated price of approximately £213,799.
| 9 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £125,000 | £88,799 | £213,799 |
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 | 68.518 % | £85,647 | £210,647 |
| 3 Month Average | 60.066 % | £75,082 | £200,082 |
| 6 Month Average | 55.294 % | £69,118 | £194,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £461,720 | £450,000 | UNIT 1 & 4 TELFORD ROAD |
| 3 Nov 2023 | £225,730 | £220,000 | 15 HEATHER CLOSE |
| 4 Sep 2023 | £178,945 | £175,000 | 76 THE AVENUE |
| 8 Jun 2023 | £369,403 | £362,000 | 29 THE AVENUE |
| 1 Apr 2022 | £186,736 | £180,000 | 102 THE AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 31 Aug 2012. Using an estimated price of £213,800 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on BURRS ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Wilson Court |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wilson Court |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilson Court |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilson Court |
| Jul 2024 | Other theft | Under investigation | On or near Heather Close |