£319,705
This estimated value is based upon the latest sale price for the house of £65,000 on 12 Nov 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £65,000 | 12 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 November 1997 the House Price Index for ESSEX was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £65,000 results in an estimated price of approximately £319,705.
| 12 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £65,000 | £254,705 | £319,705 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 439.293 % | £285,540 | £350,540 |
| 3 Month Average | 355.905 % | £231,337 | £296,337 |
| 6 Month Average | 354.054 % | £230,134 | £295,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £243,274 | £240,000 | 24 TURNER CLOSE |
| 21 Jul 2023 | £205,263 | £202,500 | 16 REIGATE AVENUE |
| 22 Nov 2022 | £281,589 | £285,000 | 21 REIGATE AVENUE |
| 22 Aug 2022 | £269,275 | £270,000 | 8 BRIGHT CLOSE |
| 29 Jul 2022 | £260,702 | £260,000 | 46 COTMAN ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 20 Mar 2015. Using an estimated price of £319,706 means this house is valued at £2,686 per sq meter (£249 per sq foot).
The average size of a house on REIGATE AVENUE is 86 sq meters (927 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Reigate Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Reigate Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Epsom Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turner Close |
| Apr 2024 | Public order | Under investigation | On or near Bright Close |