£217,505
This estimated value is based upon the latest sale price for the house of £40,000 on 22 Nov 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £40,000 | 22 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 1996 the House Price Index for ESSEX was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £40,000 results in an estimated price of approximately £217,505.
| 22 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £40,000 | £177,505 | £217,505 |
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 | 356.526 % | £142,610 | £182,610 |
| 3 Month Average | 416.187 % | £166,474 | £206,474 |
| 6 Month Average | 410.215 % | £164,086 | £204,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £277,102 | £273,000 | 83 GRAVEL HILL WAY |
| 17 Jun 2022 | £268,799 | £265,000 | 39 GOODLAKE CLOSE |
| 9 May 2022 | £331,241 | £325,000 | 125 LONG MEADOWS |
| 12 Jan 2022 | £273,626 | £260,000 | 99 LONG MEADOWS |
| 15 Nov 2021 | £254,156 | £235,000 | 99 GRAVEL HILL WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 4 Mar 2015. Using an estimated price of £217,505 means this house is valued at £3,565 per sq meter (£331 per sq foot).
The average size of a house on OXENFORD CLOSE is 94 sq meters (1,017 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Goodlake Close | |
| Jan 2024 | Anti-social behaviour | On or near Goodlake Close | |
| Jan 2024 | Anti-social behaviour | On or near Goodlake Close | |
| Jan 2024 | Anti-social behaviour | On or near Goodlake Close | |
| Apr 2024 | Other theft | Under investigation | On or near The Dales |