£206,957
This estimated value is based upon the latest sale price for the house of £121,000 on 23 Oct 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £121,000 | 23 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £121,000 results in an estimated price of approximately £206,957.
| 23 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £121,000 | £85,957 | £206,957 |
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 | 46.472 % | £56,230 | £177,230 |
| 3 Month Average | 62.448 % | £75,562 | £196,562 |
| 6 Month Average | 58.127 % | £70,333 | £191,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £266,772 | £260,000 | 49 DOUGLAS ROAD |
| 25 Mar 2022 | £265,159 | £254,000 | 22 SALVIA CLOSE |
| 15 Feb 2022 | £274,679 | £260,000 | 71 DOUGLAS ROAD |
| 15 Oct 2021 | £253,587 | £227,500 | 21 SOUTHGREEN GARDENS |
| 30 Sep 2021 | £298,532 | £275,000 | 14 DAHLIA CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Oct 2012. Using an estimated price of £206,958 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on DAHLIA CLOSE is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dahlia Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dahlia Close |