£293,711
This estimated value is based upon the latest sale price for the house of £237,500 on 1 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £237,500 | 1 Apr 2019 |
| 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 April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £237,500 results in an estimated price of approximately £293,711.
| 1 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £237,500 | £56,211 | £293,711 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -41.201 % | £-97,853 | £139,646 |
| 3 Month Average | 0.905 % | £2,150 | £239,650 |
| 6 Month Average | -2.294 % | £-5,447 | £232,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £91,603 | £90,000 | FLAT 224 CRANMERE COURT EXETER DRIVE |
| 14 Jun 2023 | £344,169 | £340,000 | 20 LINCOLN WAY |
| 11 Nov 2022 | £309,748 | £313,500 | 24 HEREFORD ROAD |
| 31 Aug 2022 | £324,128 | £325,000 | 6 LINCOLN WAY |
| 22 Aug 2022 | £349,060 | £350,000 | 3 DURHAM SQUARE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Jul 2018. Using an estimated price of £293,711 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on LINCOLN WAY is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Durham Square |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Square |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near East Hill |