£253,895
This estimated value is based upon the latest sale price for the house of £146,500 on 10 Jun 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £146,500 | 10 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 868 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 2011 the House Price Index for ESSEX was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £146,500 results in an estimated price of approximately £253,895.
| 10 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £146,500 | £107,395 | £253,895 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -26.989 % | £-39,539 | £106,960 |
| 3 Month Average | 25.617 % | £37,529 | £184,029 |
| 6 Month Average | 35.492 % | £51,996 | £198,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £223,306 | £220,000 | 12 HUNTING GATE |
| 9 Nov 2023 | £289,283 | £285,000 | 11 BRIDGEFIELD CLOSE |
| 31 Jul 2023 | £233,138 | £230,000 | 1 HUNTING GATE |
| 26 Jun 2023 | £219,661 | £217,000 | 52 GREENSTEAD ROAD |
| 19 May 2022 | £152,881 | £150,000 | 47 HUNTING GATE |
This house has a floor area of 80 sq meters or 868 sq feet when measured on 12 Apr 2011. Using an estimated price of £253,896 means this house is valued at £3,146 per sq meter (£292 per sq foot).
The average size of a house on GREENSTEAD ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridgefield Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridgefield Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridgefield Close |
| Jan 2024 | Drugs | Local resolution | On or near Hunting Gate |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hunting Gate |