£135,049
This estimated value is based upon the latest sale price for the house of £93,000 on 29 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £93,000 | 29 Jun 2015 |
| £86,500 | 11 Feb 2013 |
| £107,000 | 9 Sep 2004 |
| £43,000 | 18 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 483 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 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £93,000 results in an estimated price of approximately £135,049.
| 29 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £93,000 | £42,049 | £135,049 |
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 | 90.631 % | £84,286 | £177,286 |
| 3 Month Average | 47.353 % | £44,037 | £137,037 |
| 6 Month Average | 40.464 % | £37,631 | £130,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £253,757 | £250,000 | 20 WESTRIDGE WAY |
| 11 Aug 2023 | £186,633 | £185,000 | 29 WESTRIDGE WAY |
| 31 Mar 2022 | £133,678 | £129,000 | 7 MERIDEN COURT |
| 24 Mar 2022 | £227,978 | £220,000 | 8 ANDOVER CLOSE |
| 28 Jan 2022 | £5,346,233 | £5,080,000 | CDS SUPERSTORES LTD VALLEYBRIDGE ROAD |
This house has a floor area of 44 sq meters or 483 sq feet when measured on 8 Feb 2010. Using an estimated price of £135,050 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on ANDOVER CLOSE is 71 sq meters (765 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Andover Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Andover Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Andover Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Andover Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Andover Close |