£307,791
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Sep 2016 |
| £94,000 | 24 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £230,000 results in an estimated price of approximately £307,791.
| 30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £230,000 | £77,791 | £307,791 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 107.859 % | £248,075 | £478,075 |
| 3 Month Average | 49.162 % | £113,073 | £343,073 |
| 6 Month Average | 33.807 % | £77,755 | £307,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £72,849 | £71,000 | 16 OAKHAVEN GRAVEL HILL WAY |
| 27 Oct 2023 | £227,671 | £222,500 | 28 FRESHFIELDS |
| 14 Apr 2023 | £157,954 | £155,000 | 7 BEXLEY AVENUE |
| 6 Apr 2023 | £275,146 | £270,000 | 5 SHACKLETON CLOSE |
| 22 Nov 2021 | £326,856 | £300,000 | 10 FROBISHER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Jun 2016. Using an estimated price of £307,792 means this house is valued at £3,896 per sq meter (£361 per sq foot).
The average size of a house on FROBISHER ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Nightingale Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Close |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Chaffinch Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Dales |
| Apr 2024 | Anti-social behaviour | On or near Arderne Close |