£280,646
This estimated value is based upon the latest sale price for the house of £225,000 on 23 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£225,000 | 23 May 2018 |
£199,995 | 4 Nov 2016 |
£99,000 | 8 Jun 2001 |
Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £225,000 results in an estimated price of approximately £280,646.
23 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £225,000 | £55,646 | £280,646 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 50.874 % | £114,466 | £339,466 |
3 Month Average | 17.433 % | £39,225 | £264,225 |
6 Month Average | 11.546 % | £25,977 | £250,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £205,263 | £202,500 | 16 REIGATE AVENUE |
8 Feb 2023 | £199,866 | £200,000 | 16 BLAKE DRIVE |
22 Nov 2022 | £281,589 | £285,000 | 21 REIGATE AVENUE |
31 Aug 2022 | £279,248 | £280,000 | 10 BLAKE DRIVE |
22 Aug 2022 | £269,275 | £270,000 | 8 BRIGHT CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Jul 2016. Using an estimated price of £280,647 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on CONSTABLE AVENUE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Reigate Avenue |
Apr 2024 | Other crime | Under investigation | On or near Reigate Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Epsom Close |
Apr 2024 | Public order | Under investigation | On or near Bright Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horley Close |