£314,890
This estimated value is based upon the latest sale price for the house of £255,000 on 4 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £255,000 | 4 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £255,000 results in an estimated price of approximately £314,890.
| 4 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £255,000 | £59,890 | £314,890 |
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 | 8.739 % | £22,283 | £277,283 |
| 3 Month Average | 10.582 % | £26,985 | £281,985 |
| 6 Month Average | 9.097 % | £23,196 | £278,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £279,133 | £275,000 | 104 CLOES LANE |
| 24 Aug 2023 | £423,707 | £420,000 | 80 CLOES LANE |
| 31 Mar 2023 | £242,283 | £240,000 | 39 HYACINTH CLOSE |
| 18 Nov 2022 | £187,726 | £190,000 | 25 CAMELLIA CRESCENT |
| 10 Nov 2022 | £256,888 | £260,000 | 11 TOWSE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 20 Jun 2018. Using an estimated price of £314,891 means this house is valued at £5,831 per sq meter (£541 per sq foot).
The average size of a house on FUCHSIA WAY is 61 sq meters (664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fuchsia Way |
| Apr 2024 | Public order | Under investigation | On or near Cloes Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dedham Avenue |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dedham Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Camellia Crescent |