£320,294
This estimated value is based upon the latest sale price for the house of £230,000 on 3 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£230,000 | 3 Nov 2015 |
£91,750 | 11 Oct 1999 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £230,000 results in an estimated price of approximately £320,294.
3 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £230,000 | £90,294 | £320,294 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 45.866 % | £105,492 | £335,492 |
3 Month Average | 36.467 % | £83,873 | £313,873 |
6 Month Average | 36.274 % | £83,429 | £313,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £72,067 | £71,000 | 16 OAKHAVEN GRAVEL HILL WAY |
6 Apr 2023 | £272,939 | £270,000 | 5 SHACKLETON CLOSE |
8 Nov 2022 | £286,529 | £290,000 | 1 NIGHTINGALE CLOSE |
30 Jun 2022 | £255,612 | £252,000 | 6 NIGHTINGALE CLOSE |
30 May 2022 | £211,485 | £207,500 | 51 FRESHFIELDS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Aug 2015. Using an estimated price of £320,294 means this house is valued at £4,054 per sq meter (£376 per sq foot).
The average size of a house on COOK CLOSE is 106 sq meters (1,146 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Keynes Way |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Musgrave Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gravel Hill Way |
Jan 2024 | Drugs | Local resolution | On or near Abbott Road |
Mar 2024 | Other theft | Under investigation | On or near Balton Way |