£313,812
This estimated value is based upon the latest sale price for the house of £252,000 on 21 May 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£252,000 | 21 May 2019 |
£225,000 | 14 Dec 2016 |
£155,000 | 12 Jul 2013 |
£79,700 | 12 Jun 2000 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £252,000 results in an estimated price of approximately £313,812.
21 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £252,000 | £61,812 | £313,812 |
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 | 5.596 % | £14,102 | £266,102 |
3 Month Average | 15.643 % | £39,421 | £291,421 |
6 Month Average | 17.436 % | £43,939 | £295,939 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £267,868 | £262,500 | 145 WALTON ROAD |
10 Feb 2023 | £276,849 | £275,000 | 31 NORWOOD WAY |
18 Jan 2023 | £275,737 | £275,000 | 26 CEDAR CLOSE |
19 Aug 2022 | £281,315 | £280,000 | 17 CEDAR CLOSE |
8 Jul 2022 | £308,087 | £305,000 | 151 WALTON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Aug 2012. Using an estimated price of £313,813 means this house is valued at £4,419 per sq meter (£410 per sq foot).
The average size of a house on CEDAR CLOSE is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Formal action is not in the public interest | On or near B1336 |
Apr 2024 | Drugs | Local resolution | On or near B1336 |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rochford Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rochford Way |
Jun 2024 | Bicycle theft | Under investigation | On or near Rochford Way |