£286,543
This estimated value is based upon the latest sale price for the house of £167,000 on 16 Feb 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£167,000 | 16 Feb 2010 |
£156,000 | 6 Jan 2006 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 584 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 February 2010 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £167,000 results in an estimated price of approximately £286,543.
16 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £167,000 | £119,543 | £286,543 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 15.889 % | £26,534 | £193,534 |
3 Month Average | 64.267 % | £107,326 | £274,326 |
6 Month Average | 62.204 % | £103,880 | £270,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £377,072 | £367,500 | 44 COLUMBINE GARDENS |
20 Feb 2023 | £261,748 | £260,000 | 49 RAINHAM WAY |
9 Jun 2022 | £275,898 | £270,000 | 18 RAINHAM WAY |
7 Jun 2022 | £664,198 | £650,000 | 4 EASTON WAY |
13 May 2022 | £734,125 | £715,000 | MANDERLEY EASTON WAY |
This house has a floor area of 54 sq meters or 584 sq feet when measured on 8 Apr 2010. Using an estimated price of £286,544 means this house is valued at £5,277 per sq meter (£490 per sq foot).
The average size of a house on RAINHAM WAY is 72 sq meters (777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rainham Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Columbine Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Columbine Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |