£264,021
This estimated value is based upon the latest sale price for the house of £162,500 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
| Price Paid | Date |
|---|---|
| £162,500 | 22 Nov 2013 |
| £142,500 | 21 Mar 2012 |
| £140,000 | 6 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 804 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £162,500 results in an estimated price of approximately £264,021.
| 22 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £162,500 | £101,521 | £264,021 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | 221.985 % | £360,726 | £523,226 |
| 3 Month Average | 63.620 % | £103,382 | £265,882 |
| 6 Month Average | 66.014 % | £107,273 | £269,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £344,638 | £340,000 | 60 THE FORTUNES |
| 25 Jul 2023 | £279,765 | £276,000 | 120 THE FORTUNES |
| 29 Jul 2022 | £270,729 | £270,000 | 40A THE FORTUNES |
| 27 Jun 2022 | £304,402 | £300,100 | 73 THE FORTUNES |
| 1 Feb 2022 | £340,826 | £325,000 | 44 CHURCH LEYS |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 26 Jan 2012. Using an estimated price of £264,022 means this house is valued at £3,534 per sq meter (£328 per sq foot).
The average size of a house on THE FORTUNES is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Fortunes | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tawneys Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tawneys Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Brays Mead |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brays Mead |