£211,817
This estimated value is based upon the latest sale price for the house of £124,995 on 27 Aug 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£124,995 | 27 Aug 2010 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 911 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 August 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £124,995 results in an estimated price of approximately £211,817.
27 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.461 % | £124,995 | £86,822 | £211,817 |
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 | 74.025 % | £92,528 | £217,523 |
3 Month Average | 65.284 % | £81,601 | £206,596 |
6 Month Average | 61.944 % | £77,426 | £202,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £312,736 | £310,000 | 2 VENTNOR DRIVE |
27 Jun 2022 | £263,727 | £260,000 | 55 LYMINGTON AVENUE |
8 Jun 2022 | £299,229 | £295,000 | 2 ST HELENS AVENUE |
17 Nov 2021 | £275,786 | £255,000 | 63 LYMINGTON AVENUE |
17 Sep 2021 | £242,458 | £225,000 | 6 ST HELENS AVENUE |
This house has a floor area of 84 sq meters or 911 sq feet when measured on 26 May 2010. Using an estimated price of £211,818 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on VENTNOR DRIVE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryde Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryde Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ventnor Drive |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Lymington Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Totlands Drive |