£283,485
This estimated value is based upon the latest sale price for the house of £230,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£230,000 | 14 Feb 2020 |
£152,500 | 2 Sep 2011 |
£57,000 | 16 Jan 1998 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £230,000 results in an estimated price of approximately £283,485.
14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £230,000 | £53,485 | £283,485 |
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 | 3.640 % | £8,371 | £238,371 |
3 Month Average | 8.141 % | £18,724 | £248,724 |
6 Month Average | 11.122 % | £25,581 | £255,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £267,868 | £262,500 | 145 WALTON ROAD |
10 Feb 2023 | £276,849 | £275,000 | 31 NORWOOD WAY |
18 Jan 2023 | £275,737 | £275,000 | 26 CEDAR CLOSE |
19 Aug 2022 | £281,315 | £280,000 | 17 CEDAR CLOSE |
8 Jul 2022 | £308,087 | £305,000 | 151 WALTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 May 2014. Using an estimated price of £283,486 means this house is valued at £4,049 per sq meter (£376 per sq foot).
The average size of a house on CEDAR CLOSE is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Formal action is not in the public interest | On or near B1336 |
Apr 2024 | Drugs | Local resolution | On or near B1336 |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rochford Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rochford Way |
Jun 2024 | Bicycle theft | Under investigation | On or near Rochford Way |