£197,289
This estimated value is based upon the latest sale price for the house of £117,000 on 28 Mar 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£117,000 | 28 Mar 2013 |
£147,000 | 23 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 38 sq meters or 414 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 March 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £117,000 results in an estimated price of approximately £197,289.
28 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £117,000 | £80,289 | £197,289 |
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 | 55.152 % | £64,527 | £181,527 |
3 Month Average | 60.198 % | £70,431 | £187,431 |
6 Month Average | 61.986 % | £72,523 | £189,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £246,251 | £240,000 | 32 RAVENSDALE |
22 Sep 2023 | £265,861 | £260,000 | 24 RAVENSDALE |
21 Mar 2023 | £259,331 | £255,000 | 60 NORTH ROAD |
3 Feb 2023 | £296,984 | £295,000 | 7 FALCON WAY |
12 Apr 2022 | £306,039 | £295,000 | 19 RAVENSDALE |
This house has a floor area of 38 sq meters or 414 sq feet when measured on 31 Oct 2011. Using an estimated price of £197,289 means this house is valued at £5,120 per sq meter (£475 per sq foot).
The average size of a house on FALCON WAY is 84 sq meters (908 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (414 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Way |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hawkesway |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawkesway |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawkesway |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawkesway |