£432,065
This estimated value is based upon the latest sale price for the house of £249,995 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £249,995 | 18 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,133 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 December 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £249,995 results in an estimated price of approximately £432,065.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £249,995 | £182,070 | £432,065 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 3.268 % | £8,170 | £258,165 |
| 3 Month Average | 49.095 % | £122,734 | £372,729 |
| 6 Month Average | 60.311 % | £150,775 | £400,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £96,692 | £95,000 | FLAT 56 COACHMAN COURT, 35 ASHINGDON ROAD |
| 2 Nov 2023 | £365,410 | £360,000 | 1 BARBARA CLOSE |
| 31 Aug 2023 | £101,891 | £101,000 | FLAT 52 COACHMAN COURT, 35 ASHINGDON ROAD |
| 26 Jul 2023 | £374,034 | £369,000 | 25 BARBARA CLOSE |
| 19 Apr 2023 | £313,374 | £310,000 | 7 ASHINGDON ROAD |
This house has a floor area of 105 sq meters or 1,133 sq feet when measured on 14 Dec 2009. Using an estimated price of £432,066 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on IRONWELL CLOSE is 116 sq meters (1,258 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ironwell Close |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ironwell Close |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Ironwell Close |