£245,933
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £145,000 | 22 Jun 2012 |
| £26,000 | 30 Sep 2002 |
| £63,000 | 19 Jun 1998 |
| £48,000 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 847 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 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £145,000 results in an estimated price of approximately £245,933.
| 22 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £145,000 | £100,933 | £245,933 |
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 | 64.522 % | £93,556 | £238,556 |
| 3 Month Average | 55.536 % | £80,526 | £225,526 |
| 6 Month Average | 54.333 % | £78,783 | £223,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £223,306 | £220,000 | 15 HEATHER CLOSE |
| 29 Sep 2023 | £222,849 | £220,000 | 165 BURRS ROAD |
| 8 Sep 2023 | £286,159 | £282,500 | 16 LAUREL CLOSE |
| 28 Jul 2023 | £212,865 | £210,000 | 8 HEATHER CLOSE |
| 19 Jul 2023 | £226,042 | £223,000 | 3 COOLYNE WAY |
This house has a floor area of 78 sq meters or 847 sq feet when measured on 12 Nov 2011. Using an estimated price of £245,933 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on THE GREENWAY is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Laurel Close | |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close | |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close | |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway Close |