£395,027
This estimated value is based upon the latest sale price for the house of £228,500 on 25 Oct 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£228,500 | 25 Oct 2011 |
£199,995 | 9 Jan 2008 |
Detached |
Freehold |
Floor Area: 74 sq meters or 802 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £228,500 results in an estimated price of approximately £395,027.
25 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £228,500 | £166,527 | £395,027 |
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 | 102.116 % | £233,334 | £461,834 |
3 Month Average | 71.494 % | £163,363 | £391,863 |
6 Month Average | 66.176 % | £151,212 | £379,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £253,757 | £250,000 | 20 CRAIGFIELD AVENUE |
28 Jul 2023 | £278,752 | £275,000 | 7 HILLCREST |
4 Apr 2022 | £262,599 | £255,000 | 4 HILLCREST |
31 Mar 2022 | £133,678 | £129,000 | 7 MERIDEN COURT |
11 Mar 2022 | £326,423 | £315,000 | 21 CRAIGFIELD AVENUE |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 24 Jun 2011. Using an estimated price of £395,027 means this house is valued at £5,298 per sq meter (£492 per sq foot).
The average size of a house on BURRS ROAD is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Hillcrest |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hillcrest |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Hillcrest |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hillcrest |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Catherine Close |