£355,344
This estimated value is based upon the latest sale price for the house of £267,500 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£267,500 | 2 Sep 2016 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £267,500 results in an estimated price of approximately £355,344.
2 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £267,500 | £87,844 | £355,344 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 89.931 % | £240,565 | £508,065 |
3 Month Average | 8.642 % | £23,116 | £290,616 |
6 Month Average | 27.330 % | £73,108 | £340,608 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £283,820 | £280,000 | 149 WALTON ROAD |
30 Jun 2023 | £265,719 | £262,500 | 145 WALTON ROAD |
18 Jan 2023 | £273,711 | £275,000 | 26 CEDAR CLOSE |
9 Sep 2022 | £337,276 | £340,000 | 34 TEMPLE CLOSE |
19 Aug 2022 | £279,248 | £280,000 | 17 CEDAR CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Apr 2015. Using an estimated price of £355,345 means this house is valued at £5,466 per sq meter (£507 per sq foot).
The average size of a house on TEMPLE CLOSE is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stansted Way |
Apr 2024 | Drugs | Under investigation | On or near B1336 |
Apr 2024 | Drugs | Local resolution | On or near B1336 |
Jan 2024 | Drugs | Local resolution | On or near B1336 |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1336 |