£178,214
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£175,000 | 14 Aug 2023 |
£140,000 | 12 Sep 2016 |
£122,500 | 20 Feb 2012 |
£128,000 | 4 Apr 2008 |
£48,500 | 18 Oct 1995 |
Semi-Detached |
Leasehold |
Floor Area: 51 sq meters or 549 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 August 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £175,000 results in an estimated price of approximately £178,214.
14 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £175,000 | £3,214 | £178,214 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 12.322 % | £21,563 | £196,563 |
3 Month Average | 1.031 % | £1,804 | £176,804 |
6 Month Average | 3.949 % | £6,910 | £181,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £190,865 | £185,000 | 19 LYON CLOSE |
14 Aug 2023 | £178,214 | £175,000 | 34 LYON CLOSE |
16 Jun 2023 | £91,840 | £90,000 | FLAT 7 MIDDLESEX COURT LYON CLOSE |
17 Apr 2023 | £90,696 | £89,000 | FLAT 16 MIDDLESEX COURT LYON CLOSE |
24 Mar 2023 | £203,397 | £200,000 | 86 LYON CLOSE |
This house has a floor area of 51 sq meters or 549 sq feet when measured on 15 Nov 2011. Using an estimated price of £178,214 means this house is valued at £3,490 per sq meter (£324 per sq foot).
The average size of a house on LYON CLOSE is 54 sq meters (589 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Boley Drive |