£607,619
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Oct 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 4 Oct 2004 |
| £122,995 | 8 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 October 2004 the House Price Index for ESSEX was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £320,000 results in an estimated price of approximately £607,619.
| 4 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £320,000 | £287,619 | £607,619 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 63.137 % | £202,037 | £522,037 |
| 3 Month Average | 78.676 % | £251,762 | £571,762 |
| 6 Month Average | 113.363 % | £362,760 | £682,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £482,138 | £475,000 | 18 BUTTERCUP WAY |
| 8 Sep 2023 | £468,997 | £463,000 | 3 LAVENDER DRIVE |
| 1 Sep 2023 | £420,375 | £415,000 | 23 BUTTERCUP WAY |
| 4 Aug 2023 | £464,060 | £460,000 | 59 LAVENDER DRIVE |
| 27 Jan 2023 | £432,961 | £435,000 | 32 BUTTERCUP WAY |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 18 May 2016. Using an estimated price of £607,619 means this house is valued at £4,534 per sq meter (£421 per sq foot).
The average size of a house on BUTTERCUP WAY is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Brambles |
| Jan 2024 | Anti-social behaviour | On or near Dukes Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Dukes Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Dukes Avenue | |
| Mar 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Lavender Drive |