£273,487
This estimated value is based upon the latest sale price for the house of £164,000 on 8 Dec 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £164,000 | 8 Dec 2006 |
| £32,000 | 30 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2006 the House Price Index for ESSEX was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £164,000 results in an estimated price of approximately £273,487.
| 8 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £164,000 | £109,487 | £273,487 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 132.445 % | £217,209 | £381,209 |
| 3 Month Average | 56.357 % | £92,425 | £256,425 |
| 6 Month Average | 44.547 % | £73,057 | £237,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £670,000 | £670,000 | 55 OAKLEY ROAD |
| 15 Dec 2023 | £301,773 | £292,500 | 14 DOVE CRESCENT |
| 31 Aug 2023 | £264,775 | £260,000 | 69 DEVON WAY |
| 31 Aug 2023 | £300,418 | £295,000 | FAIRHAVEN OAKLEY ROAD |
| 24 Apr 2023 | £286,356 | £281,000 | 17 DEVON WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Mar 2014. Using an estimated price of £273,488 means this house is valued at £4,341 per sq meter (£403 per sq foot).
The average size of a house on OAKLEY ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devon Way |
| Apr 2024 | Burglary | Awaiting court outcome | On or near Earlhems Mews |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dove Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dove Crescent |
| Jul 2024 | Anti-social behaviour | On or near Bramble Tye |