£164,941
This estimated value is based upon the latest sale price for the house of £158,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£158,000 | 23 Mar 2022 |
£44,000 | 17 Oct 1997 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £158,000 results in an estimated price of approximately £164,941.
23 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £158,000 | £6,941 | £164,941 |
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 | -26.650 % | £-42,106 | £115,893 |
3 Month Average | -18.144 % | £-28,667 | £129,332 |
6 Month Average | -1.543 % | £-2,438 | £155,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2023 | £118,733 | £116,750 | 40 LAKE WALK |
15 Jul 2022 | £310,612 | £307,500 | 1 LAKE AVENUE |
10 Jun 2022 | £214,587 | £210,000 | 46 COOPERS LANE |
8 Jun 2022 | £265,628 | £259,950 | 12 TRUNETTE ROAD |
20 May 2022 | £275,169 | £268,000 | 7 LABURNUM CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Dec 2021. Using an estimated price of £164,941 means this house is valued at £2,228 per sq meter (£207 per sq foot).
The average size of a house on LAKE WALK is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Avenue |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Marlborough Close |
Jul 2024 | Other theft | Under investigation | On or near Marlborough Close |
Jul 2024 | Other theft | Under investigation | On or near Marlborough Close |
Jul 2024 | Other theft | Under investigation | On or near Marlborough Close |