£221,381
This estimated value is based upon the latest sale price for the house of £130,000 on 14 Sep 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 14 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 849 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 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £130,000 results in an estimated price of approximately £221,381.
| 14 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £130,000 | £91,381 | £221,381 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 102.205 % | £132,866 | £262,866 |
| 3 Month Average | 60.898 % | £79,167 | £209,167 |
| 6 Month Average | 49.764 % | £64,692 | £194,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £243,274 | £240,000 | 24 TURNER CLOSE |
| 14 Jun 2023 | £255,090 | £252,000 | 20 COTMAN ROAD |
| 17 Nov 2022 | £301,350 | £305,000 | 21 MUNNINGS DRIVE |
| 29 Jul 2022 | £260,702 | £260,000 | 46 COTMAN ROAD |
| 6 May 2022 | £231,869 | £227,500 | 10 TURNER CLOSE |
This house has a floor area of 78 sq meters or 849 sq feet when measured on 28 Mar 2012. Using an estimated price of £221,382 means this house is valued at £2,806 per sq meter (£260 per sq foot).
The average size of a house on MIDDLETON CLOSE is 121 sq meters (1,312 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turner Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sillett Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sillett Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sillett Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Reigate Avenue |