£227,498
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£170,000 | 12 Sep 2016 |
£76,000 | 26 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £170,000 results in an estimated price of approximately £227,498.
12 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £170,000 | £57,498 | £227,498 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 11.156 % | £18,965 | £188,965 |
3 Month Average | 23.211 % | £39,459 | £209,459 |
6 Month Average | 38.424 % | £65,321 | £235,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £377,072 | £367,500 | 44 COLUMBINE GARDENS |
27 Oct 2023 | £273,205 | £267,000 | 95 BUTCHERS LANE |
8 Sep 2023 | £398,791 | £390,000 | 108 BUTCHERS LANE |
20 Feb 2023 | £261,748 | £260,000 | 49 RAINHAM WAY |
14 Jan 2022 | £344,564 | £325,000 | 51 COLUMBINE GARDENS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 4 Feb 2016. Using an estimated price of £227,498 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on COLUMBINE GARDENS is 76 sq meters (827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |