£243,279
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Dec 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£135,000 | 1 Dec 2005 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 479 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 December 2005 the House Price Index for ESSEX was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £135,000 results in an estimated price of approximately £243,279.
1 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 148.6 | 80.207 % | £135,000 | £108,279 | £243,279 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 100.685 % | £135,924 | £270,924 |
3 Month Average | 98.719 % | £133,270 | £268,270 |
6 Month Average | 98.402 % | £132,842 | £267,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £194,199 | £192,500 | FLAT 19 KINGS COURT STELLA MARIS CLOSE |
12 Jun 2023 | £334,552 | £330,500 | 13A LINROPING AVENUE |
11 Apr 2023 | £394,245 | £390,000 | 12 RATTWICK DRIVE |
27 Mar 2023 | £338,186 | £335,000 | 1 STELLA MARIS CLOSE |
6 Mar 2023 | £325,567 | £322,500 | 31 RATTWICK DRIVE |
This house has a floor area of 44 sq meters or 479 sq feet when measured on 6 Sep 2010. Using an estimated price of £243,279 means this house is valued at £5,465 per sq meter (£507 per sq foot).
The average size of a house on RATTWICK DRIVE is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Rattwick Drive | |
Mar 2024 | Anti-social behaviour | On or near Rattwick Drive | |
Apr 2024 | Vehicle crime | Under investigation | On or near Orrmo Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Orrmo Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orrmo Road |