£353,322
This estimated value is based upon the latest sale price for the house of £205,000 on 23 Nov 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£205,000 | 23 Nov 2011 |
£220,000 | 10 Dec 2002 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,301 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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £205,000 results in an estimated price of approximately £353,322.
23 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £205,000 | £148,322 | £353,322 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 87.827 % | £180,044 | £385,044 |
3 Month Average | 58.476 % | £119,875 | £324,875 |
6 Month Average | 45.544 % | £93,365 | £298,365 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £276,536 | £273,000 | 14 GAINSBOROUGH CLOSE |
24 Aug 2023 | £352,080 | £349,000 | 11 COTTAGE GROVE |
21 Jun 2023 | £334,046 | £330,000 | 27 BOCKINGS GROVE |
28 Apr 2023 | £303,265 | £300,000 | 365 ST JOHNS ROAD |
17 Mar 2023 | £446,204 | £442,000 | 30 COTTAGE GROVE |
This house has a floor area of 120 sq meters or 1,301 sq feet when measured on 12 May 2011. Using an estimated price of £353,322 means this house is valued at £2,922 per sq meter (£271 per sq foot).
The average size of a house on BOCKINGS GROVE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warnham Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warnham Close |