£395,547
This estimated value is based upon the latest sale price for the house of £321,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£321,000 | 22 May 2020 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £321,000 results in an estimated price of approximately £395,547.
22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £321,000 | £74,547 | £395,547 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 75.484 % | £242,302 | £563,302 |
3 Month Average | 25.381 % | £81,471 | £402,471 |
6 Month Average | 19.318 % | £62,009 | £383,009 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £234,712 | £227,500 | 32 NORFOLK AVENUE |
13 Dec 2023 | £295,583 | £286,500 | 36 NORFOLK AVENUE |
10 Nov 2023 | £361,681 | £352,500 | 6 PARK BOULEVARD |
21 Feb 2023 | £453,026 | £450,000 | 23 AYLESBURY DRIVE |
10 Nov 2022 | £423,022 | £425,000 | SPRINGCROFT, 2 GRENFELL AVENUE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 31 Jan 2020. Using an estimated price of £395,547 means this house is valued at £3,409 per sq meter (£316 per sq foot).
The average size of a house on OAKWOOD AVENUE is 88 sq meters (952 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Boulevard |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Way |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manchester Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edison Road |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Fleetwood Close |