£174,531
This estimated value is based upon the latest sale price for the house of £110,000 on 21 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £110,000 | 21 Jun 2007 |
| £69,995 | 17 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 636 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 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £110,000 results in an estimated price of approximately £174,531.
| 21 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £110,000 | £64,531 | £174,531 |
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 | 47.131 % | £51,843 | £161,843 |
| 3 Month Average | 38.005 % | £41,805 | £151,805 |
| 6 Month Average | 39.422 % | £43,364 | £153,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £278,562 | £275,000 | 83 DOUGLAS ROAD |
| 20 Jul 2023 | £324,366 | £320,000 | 108 DOUGLAS ROAD |
| 2 Feb 2023 | £294,802 | £295,000 | 227 COPPINS ROAD |
| 14 Oct 2022 | £222,603 | £225,000 | 3 ASTER CLOSE |
| 18 Mar 2022 | £260,102 | £251,000 | 87 DOUGLAS ROAD |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 4 Dec 2009. Using an estimated price of £174,531 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on CLOES LANE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tulip Way |
| Apr 2024 | Anti-social behaviour | On or near Tulip Way | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tulip Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tulip Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tulip Way |