£319,773
This estimated value is based upon the latest sale price for the house of £235,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£235,000 | 31 Mar 2016 |
£250,000 | 16 Dec 2013 |
£230,000 | 6 May 2011 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £235,000 results in an estimated price of approximately £319,773.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £235,000 | £84,773 | £319,773 |
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 | 30.919 % | £72,658 | £307,658 |
3 Month Average | 43.095 % | £101,272 | £336,272 |
6 Month Average | 36.953 % | £86,840 | £321,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £270,973 | £265,000 | 5 KINGSMAN DRIVE |
22 Jul 2022 | £353,543 | £350,000 | 10 PETER BRUFF AVENUE |
28 Apr 2022 | £150,426 | £145,000 | 50 LAND CLOSE |
14 Apr 2022 | £290,478 | £280,000 | 7 PETER BRUFF AVENUE |
30 Mar 2022 | £268,291 | £257,000 | 9 PETER BRUFF AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 4 Dec 2013. Using an estimated price of £319,773 means this house is valued at £2,220 per sq meter (£206 per sq foot).
The average size of a house on LAND CLOSE is 67 sq meters (725 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Land Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Finer Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finer Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finer Close |