£502,212
This estimated value is based upon the latest sale price for the house of £430,000 on 24 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 24 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £430,000 results in an estimated price of approximately £502,212.
| 24 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £430,000 | £72,212 | £502,212 |
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 | -29.184 % | £-125,489 | £304,510 |
| 3 Month Average | -3.691 % | £-15,873 | £414,126 |
| 6 Month Average | 1.787 % | £7,683 | £437,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2022 | £544,177 | £530,000 | 23 THE CLOSE |
| 17 Nov 2021 | £719,083 | £660,000 | 28 ASHLYNS ROAD |
| 11 Oct 2021 | £529,468 | £475,000 | 29 UPPER SECOND AVENUE |
| 16 Aug 2021 | £348,401 | £310,000 | 23 FIFTH AVENUE |
| 3 Aug 2021 | £545,079 | £485,000 | 23 UPPER SECOND AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 15 May 2019. Using an estimated price of £502,212 means this house is valued at £3,487 per sq meter (£324 per sq foot).
The average size of a house on UPPER SECOND AVENUE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Fourth Avenue |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Witton Wood Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ken Gatward Close |
| Jul 2024 | Robbery | Under investigation | On or near Petrol Station |
| May 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |