£185,430
This estimated value is based upon the latest sale price for the house of £149,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £149,000 | 25 Jan 2019 |
| £127,500 | 14 Aug 2007 |
| £118,000 | 28 Nov 2005 |
| £38,500 | 5 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £149,000 results in an estimated price of approximately £185,430.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £149,000 | £36,430 | £185,430 |
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 | 78.959 % | £117,649 | £266,649 |
| 3 Month Average | 29.066 % | £43,307 | £192,307 |
| 6 Month Average | 13.643 % | £20,327 | £169,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £348,855 | £340,000 | 362 MAIN ROAD |
| 12 Oct 2023 | £163,718 | £160,000 | 36 BIRCH AVENUE |
| 16 Jun 2023 | £127,556 | £125,000 | 315B MAIN ROAD |
| 17 Apr 2023 | £226,231 | £222,000 | 63 BIRCH AVENUE |
| 23 Mar 2023 | £175,430 | £172,500 | 59 BIRCH AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Feb 2009. Using an estimated price of £185,430 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on BIRCH AVENUE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Close |
| Jun 2024 | Anti-social behaviour | On or near Lime Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Lime Avenue | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Close |
| May 2024 | Anti-social behaviour | On or near Maple Close |