£253,765
This estimated value is based upon the latest sale price for the house of £149,000 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£149,000 | 24 Aug 2012 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 989 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 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £149,000 results in an estimated price of approximately £253,765.
24 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £149,000 | £104,765 | £253,765 |
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 | 91.605 % | £136,491 | £285,491 |
3 Month Average | 29.906 % | £44,559 | £193,559 |
6 Month Average | 43.161 % | £64,309 | £213,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £292,559 | £290,000 | 59 WITTONWOOD ROAD |
2 Aug 2023 | £332,912 | £330,000 | 24 BUSHELL WAY |
9 Mar 2023 | £288,720 | £286,000 | 85 WITTONWOOD ROAD |
14 Jul 2022 | £250,675 | £250,000 | 87 WITTONWOOD ROAD |
12 Jul 2022 | £623,679 | £622,000 | 32 UPPER THIRD AVENUE |
This house has a floor area of 91 sq meters or 989 sq feet when measured on 11 Jan 2012. Using an estimated price of £253,766 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on WITTONWOOD ROAD is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Witton Wood Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Wood Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ken Gatward Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fifth Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Third Avenue |