£216,458
This estimated value is based upon the latest sale price for the house of £175,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 24 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £175,000 results in an estimated price of approximately £216,458.
| 24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £175,000 | £41,458 | £216,458 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | -37.424 % | £-65,492 | £109,507 |
| 3 Month Average | 7.893 % | £13,813 | £188,813 |
| 6 Month Average | 15.581 % | £27,267 | £202,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £72,067 | £71,000 | 16 OAKHAVEN GRAVEL HILL WAY |
| 13 Jul 2023 | £159,649 | £157,500 | 24 PELHAM CLOSE |
| 30 May 2022 | £211,485 | £207,500 | 51 FRESHFIELDS |
| 10 May 2022 | £267,032 | £262,000 | 18 KILMAINE ROAD |
| 12 Jan 2022 | £247,316 | £235,000 | 39 PELHAM CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Mar 2018. Using an estimated price of £216,458 means this house is valued at £2,672 per sq meter (£248 per sq foot).
The average size of a house on KILMAINE ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Abbott Road |
| Apr 2024 | Anti-social behaviour | On or near Arderne Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gravel Hill Way |
| Apr 2024 | Other theft | Under investigation | On or near Balton Way |
| Apr 2024 | Drugs | Under investigation | On or near Balton Way |