£231,150
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£185,000 | 5 Feb 2018 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £185,000 results in an estimated price of approximately £231,150.
5 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £185,000 | £46,150 | £231,150 |
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 | 17.995 % | £33,290 | £218,290 |
3 Month Average | 7.843 % | £14,509 | £199,509 |
6 Month Average | 10.263 % | £18,987 | £203,987 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £225,977 | £224,000 | 22 CREDON DRIVE |
3 Apr 2023 | £237,558 | £235,000 | 14 CURLEW CLOSE |
30 Mar 2023 | £217,045 | £215,000 | 14 CREDON DRIVE |
20 Mar 2023 | £292,758 | £290,000 | 41 CREDON DRIVE |
30 Jan 2023 | £323,476 | £325,000 | 2 HERON GLADE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Nov 2017. Using an estimated price of £231,150 means this house is valued at £2,853 per sq meter (£265 per sq foot).
The average size of a house on HERON GLADE is 130 sq meters (1,400 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Swan Dale |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peregrine Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Thrushdale |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bramble Way |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rose Crescent |