£271,972
This estimated value is based upon the latest sale price for the house of £165,000 on 16 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£165,000 | 16 Oct 2013 |
£67,000 | 28 Nov 1999 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 October 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £165,000 results in an estimated price of approximately £271,972.
16 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £165,000 | £106,972 | £271,972 |
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 | 44.696 % | £73,749 | £238,749 |
3 Month Average | 55.857 % | £92,164 | £257,164 |
6 Month Average | 59.922 % | £98,871 | £263,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Oct 2023 | £185,206 | £181,000 | 25 LUPIN WAY |
21 Apr 2023 | £234,384 | £230,000 | 11 MARIGOLD AVENUE |
20 Jun 2022 | £296,334 | £290,000 | 17 LUPIN WAY |
12 Jan 2022 | £227,943 | £215,000 | 6 GERANIUM CLOSE |
8 Nov 2021 | £288,723 | £265,000 | 9 WOOLWICH ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 20 Feb 2015. Using an estimated price of £271,972 means this house is valued at £2,833 per sq meter (£263 per sq foot).
The average size of a house on SOUTHGREEN GARDENS is 62 sq meters (677 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Further action is not in the public interest | On or near Lupin Way |
May 2024 | Other crime | Unable to prosecute suspect | On or near Lupin Way |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lupin Way |
May 2024 | Robbery | Awaiting court outcome | On or near Ruaton Drive |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ruaton Drive |