£268,276
This estimated value is based upon the latest sale price for the house of £52,000 on 6 Jun 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£52,000 | 6 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 June 1997 the House Price Index for ESSEX was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £52,000 results in an estimated price of approximately £268,276.
6 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 149.7 | 415.917 % | £52,000 | £216,276 | £268,276 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 304.703 % | £158,445 | £210,445 |
3 Month Average | 387.758 % | £201,634 | £253,634 |
6 Month Average | 445.519 % | £231,669 | £283,669 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £363,154 | £360,000 | 126 CLAYS ROAD |
30 Jun 2023 | £267,868 | £262,500 | 145 WALTON ROAD |
6 Mar 2023 | £294,925 | £290,000 | 5 WINTERBOURNES |
10 Feb 2023 | £276,849 | £275,000 | 31 NORWOOD WAY |
20 Jan 2023 | £255,683 | £255,000 | 171 WALTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Jan 2017. Using an estimated price of £268,277 means this house is valued at £4,258 per sq meter (£395 per sq foot).
The average size of a house on NORWOOD WAY is 73 sq meters (795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Local resolution | On or near B1336 |
Apr 2024 | Drugs | Formal action is not in the public interest | On or near B1336 |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brambles |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Harrods |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rochford Way |