£350,217
This estimated value is based upon the latest sale price for the house of £325,000 on 8 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 8 Sep 2021 |
| £193,000 | 13 Sep 2007 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £325,000 results in an estimated price of approximately £350,217.
| 8 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £325,000 | £25,217 | £350,217 |
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 | 24.295 % | £78,959 | £403,959 |
| 3 Month Average | 9.906 % | £32,195 | £357,195 |
| 6 Month Average | 4.610 % | £14,981 | £339,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £176,544 | £175,000 | 34 LYON CLOSE |
| 28 Jul 2023 | £207,797 | £205,000 | 44 LYON CLOSE |
| 14 Jul 2023 | £167,251 | £165,000 | 17 LYON CLOSE |
| 16 Jun 2023 | £91,104 | £90,000 | FLAT 7 MIDDLESEX COURT LYON CLOSE |
| 17 Apr 2023 | £89,969 | £89,000 | FLAT 16 MIDDLESEX COURT LYON CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 May 2019. Using an estimated price of £350,218 means this house is valued at £3,019 per sq meter (£280 per sq foot).
The average size of a house on BOLEY DRIVE is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyon Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyon Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Boley Drive |