£287,505
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Jan 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£180,000 | 27 Jan 2014 |
£134,000 | 8 Dec 2003 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 January 2014 the House Price Index for ESSEX was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £180,000 results in an estimated price of approximately £287,505.
27 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £180,000 | £107,505 | £287,505 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -3.428 % | £-6,170 | £173,829 |
3 Month Average | 47.699 % | £85,858 | £265,858 |
6 Month Average | 54.341 % | £97,813 | £277,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £358,305 | £353,000 | 16 RECTORY AVENUE |
21 Jul 2023 | £290,915 | £287,000 | 32 DORSET GARDENS |
7 Jul 2023 | £339,570 | £335,000 | 7 PRINCESS GARDENS |
19 Jun 2023 | £328,985 | £325,000 | 35 DORSET GARDENS |
11 Apr 2023 | £480,170 | £475,000 | 56 PRINCESS GARDENS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Jun 2015. Using an estimated price of £287,506 means this house is valued at £3,593 per sq meter (£333 per sq foot).
The average size of a house on AVON CLOSE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Avon Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Gardens |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cambridge Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Russetts |
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Russetts |