£382,002
This estimated value is based upon the latest sale price for the house of £310,000 on 13 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 13 Nov 2018 |
| £195,000 | 21 May 2014 |
| £197,950 | 24 Nov 2011 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,170 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £310,000 results in an estimated price of approximately £382,002.
| 13 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £310,000 | £72,002 | £382,002 |
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 | 26.169 % | £81,125 | £391,125 |
| 3 Month Average | 10.676 % | £33,094 | £343,094 |
| 6 Month Average | 7.144 % | £22,147 | £332,147 |
| 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 108 sq meters or 1,170 sq feet when measured on 20 Sep 2011. Using an estimated price of £382,002 means this house is valued at £3,513 per sq meter (£326 per sq foot).
The average size of a house on COTMAN ROAD is 93 sq meters (1,008 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 | 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 |
| Apr 2024 | Other crime | Under investigation | On or near Reigate Avenue |