£284,386
This estimated value is based upon the latest sale price for the house of £59,500 on 26 Mar 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£59,500 | 26 Mar 1998 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 1998 the House Price Index for ESSEX was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £59,500 results in an estimated price of approximately £284,386.
26 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 148.6 | 377.961 % | £59,500 | £224,886 | £284,386 |
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 | 414.760 % | £246,782 | £306,282 |
3 Month Average | 357.283 % | £212,583 | £272,083 |
6 Month Average | 346.577 % | £206,213 | £265,713 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £323,483 | £320,000 | 43 CONSTABLE AVENUE |
8 Feb 2023 | £199,866 | £200,000 | 16 BLAKE DRIVE |
31 Aug 2022 | £279,248 | £280,000 | 10 BLAKE DRIVE |
22 Aug 2022 | £269,275 | £270,000 | 8 BRIGHT CLOSE |
19 May 2022 | £270,089 | £265,000 | 2 REIGATE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Nov 2021. Using an estimated price of £284,387 means this house is valued at £3,791 per sq meter (£352 per sq foot).
The average size of a house on BURROWS CLOSE is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Bright Close |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Blake Drive |
Apr 2024 | Vehicle crime | Under investigation | On or near Reigate Avenue |
Apr 2024 | Other crime | Under investigation | On or near Reigate Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Way |