£290,332
This estimated value is based upon the latest sale price for the house of £233,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £233,000 | 3 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £233,000 results in an estimated price of approximately £290,332.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £233,000 | £57,332 | £290,332 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 3.593 % | £8,371 | £241,371 |
| 3 Month Average | 24.692 % | £57,532 | £290,532 |
| 6 Month Average | 40.534 % | £94,444 | £327,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £278,745 | £278,000 | 69 KIRBY ROAD |
| 8 Aug 2022 | £291,362 | £290,000 | 4 BURNHAM CLOSE |
| 23 Nov 2021 | £321,408 | £295,000 | 73 CLAYS ROAD |
| 25 Oct 2021 | £323,254 | £290,000 | 99 CLAYS ROAD |
| 24 Sep 2021 | £252,938 | £233,000 | 47 CLAYS ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 May 2018. Using an estimated price of £290,332 means this house is valued at £3,337 per sq meter (£310 per sq foot).
The average size of a house on BURNHAM CLOSE is 92 sq meters (995 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Dairy Meadow Gardens |
| Jul 2024 | Other crime | Under investigation | On or near Dairy Meadow Gardens |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Avenue |
| May 2024 | Anti-social behaviour | On or near Grove Avenue | |
| May 2024 | Anti-social behaviour | On or near Grove Avenue |