£244,426
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Jun 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£140,000 | 8 Jun 2011 |
Detached |
Freehold |
Floor Area: 59 sq meters or 641 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 June 2011 the House Price Index for ESSEX was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £140,000 results in an estimated price of approximately £244,426.
8 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £140,000 | £104,426 | £244,426 |
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 | 70.865 % | £99,211 | £239,211 |
3 Month Average | 64.250 % | £89,950 | £229,950 |
6 Month Average | 66.273 % | £92,782 | £232,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £318,000 | £318,000 | 17 SUFFOLK CLOSE |
15 Dec 2023 | £234,712 | £227,500 | 32 NORFOLK AVENUE |
13 Dec 2023 | £295,583 | £286,500 | 36 NORFOLK AVENUE |
10 Nov 2022 | £423,022 | £425,000 | SPRINGCROFT, 2 GRENFELL AVENUE |
23 Jun 2022 | £347,427 | £340,000 | 33 PICKERS WAY |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 30 Nov 2010. Using an estimated price of £244,427 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on NORFOLK AVENUE is 71 sq meters (769 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Boulevard |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Fleetwood Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manchester Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edison Road |