£386,912
This estimated value is based upon the latest sale price for the house of £289,950 on 12 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£289,950 | 12 Oct 2016 |
£172,950 | 15 Nov 2001 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £289,950 results in an estimated price of approximately £386,912.
12 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £289,950 | £96,962 | £386,912 |
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 | 32.661 % | £94,701 | £384,651 |
3 Month Average | 31.307 % | £90,775 | £380,725 |
6 Month Average | 30.343 % | £87,980 | £377,930 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £278,560 | £270,000 | 60 SAXMUNDHAM WAY |
24 Nov 2023 | £164,167 | £160,000 | 44 BATTISFORD DRIVE |
3 Nov 2023 | £282,162 | £275,000 | 70 SAXMUNDHAM WAY |
30 Oct 2023 | £271,159 | £265,000 | 24 BATTISFORD DRIVE |
30 Sep 2022 | £334,776 | £335,000 | 10 BENHALL CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 Apr 2014. Using an estimated price of £386,912 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on SAXMUNDHAM WAY is 71 sq meters (774 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Benhall Close |
Jul 2024 | Anti-social behaviour | On or near Battisford Drive | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Battisford Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Battisford Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Battisford Drive |