£317,283
This estimated value is based upon the latest sale price for the house of £185,000 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 10 Feb 2012 |
| £125,000 | 20 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 February 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £185,000 results in an estimated price of approximately £317,283.
| 10 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £185,000 | £132,283 | £317,283 |
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 | -12.859 % | £-23,789 | £161,210 |
| 3 Month Average | 41.274 % | £76,356 | £261,356 |
| 6 Month Average | 40.690 % | £75,277 | £260,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £250,535 | £247,500 | 55 COWDRAY AVENUE |
| 28 Jul 2022 | £300,810 | £300,000 | 29 MERCERS WAY |
| 31 Jan 2022 | £347,295 | £330,000 | 8 MERCERS WAY |
| 21 Dec 2021 | £431,765 | £403,000 | 24A COWDRAY AVENUE |
| 20 Dec 2021 | £192,848 | £180,000 | 4 IMPERIAL COURT CLARENDON WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Jun 2021. Using an estimated price of £317,283 means this house is valued at £3,917 per sq meter (£363 per sq foot).
The average size of a house on COWDRAY AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kings Head Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kings Head Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bloyes Mews |