£478,602
This estimated value is based upon the latest sale price for the house of £332,500 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £332,500 | 3 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £332,500 results in an estimated price of approximately £478,602.
| 3 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £332,500 | £146,102 | £478,602 |
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 | -27.593 % | £-91,745 | £240,754 |
| 3 Month Average | 22.752 % | £75,651 | £408,151 |
| 6 Month Average | 25.941 % | £86,254 | £418,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £294,358 | £290,000 | 4 CARLISLE CLOSE |
| 25 Aug 2023 | £332,912 | £330,000 | 21 BRISTOL ROAD |
| 24 Jul 2023 | £361,870 | £357,000 | 7 WELLS ROAD |
| 2 Nov 2022 | £301,350 | £305,000 | 3 RIVER BANK WALK |
| 30 Jun 2022 | £328,644 | £324,000 | 8 BRISTOL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 Aug 2014. Using an estimated price of £478,603 means this house is valued at £4,558 per sq meter (£423 per sq foot).
The average size of a house on CARLISLE CLOSE is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bristol Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bristol Road |
| Apr 2024 | Public order | Under investigation | On or near Meander Mews |
| Apr 2024 | Burglary | Under investigation | On or near Meander Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meander Mews |