£241,706
This estimated value is based upon the latest sale price for the house of £70,000 on 29 May 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £70,000 | 29 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2001 the House Price Index for ESSEX was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £70,000 results in an estimated price of approximately £241,706.
| 29 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £70,000 | £171,706 | £241,706 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 383.412 % | £268,388 | £338,388 |
| 3 Month Average | 250.308 % | £175,215 | £245,215 |
| 6 Month Average | 221.718 % | £155,202 | £225,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £210,339 | £205,000 | 19 MAYFLOWER AVENUE |
| 14 Nov 2023 | £102,605 | £100,000 | FLAT 18 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
| 14 Nov 2023 | £209,313 | £204,000 | 46 MAYFLOWER AVENUE |
| 14 Jun 2023 | £176,028 | £172,500 | 37 MAYFLOWER AVENUE |
| 10 Mar 2023 | £142,378 | £140,000 | FLAT 11 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 May 2016. Using an estimated price of £241,706 means this house is valued at £3,059 per sq meter (£284 per sq foot).
The average size of a house on MAYFLOWER AVENUE is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayflower Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beacon Hill Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Police Station |