£318,680
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Butchers Lane
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 7 Jun 2004 |
| £135,000 | 6 Feb 2004 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £160,000 results in an estimated price of approximately £318,680.
| 7 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £160,000 | £158,680 | £318,680 |
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 | 61.456 % | £98,329 | £258,329 |
| 3 Month Average | 83.009 % | £132,814 | £292,814 |
| 6 Month Average | 101.088 % | £161,740 | £321,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £482,241 | £470,000 | 198 WALTON ROAD |
| 21 Jul 2022 | £464,651 | £459,995 | 214 WALTON ROAD |
| 29 Apr 2022 | £178,955 | £172,500 | 67 COLUMBINE GARDENS |
| 7 Jan 2022 | £344,564 | £325,000 | 73 BUTCHERS LANE |
| 2 Nov 2021 | £310,513 | £285,000 | 228 WALTON ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 7 May 2019. Using an estimated price of £318,681 means this house is valued at £3,463 per sq meter (£321 per sq foot).
The average size of a house on BUTCHERS LANE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Butchers Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butchers Lane |
| May 2024 | Burglary | Under investigation | On or near Butchers Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butchers Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butchers Lane |