£223,332
This estimated value is based upon the latest sale price for the house of £150,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£150,000 | 27 Feb 2015 |
Detached |
Freehold |
Floor Area: 2103 sq meters or 22,636 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 February 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £150,000 results in an estimated price of approximately £223,332.
27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £150,000 | £73,332 | £223,332 |
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 | 27.927 % | £41,889 | £191,889 |
3 Month Average | 38.071 % | £57,106 | £207,106 |
6 Month Average | 44.571 % | £66,856 | £216,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £253,901 | £250,000 | 32 CARISBROOKE AVENUE |
13 Nov 2023 | £252,407 | £246,000 | 24 WOODLANDS CLOSE |
21 Aug 2023 | £213,857 | £210,000 | UNIT 9 BRUNEL ROAD |
23 Mar 2023 | £238,991 | £235,000 | 50 WOODLANDS CLOSE |
24 Feb 2023 | £256,715 | £255,000 | 43 WOODLANDS CLOSE |
This house has a floor area of 2103 sq meters or 22,636 sq feet when measured on 11 Mar 2014. Using an estimated price of £223,332 means this house is valued at £106 per sq meter (£9 per sq foot).
The average size of a house on GORSE LANE is 107 sq meters (1,152 sq feet).
This house is the largest in the street with a floor area of 2103 sq meters (22,636 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Gorse Lane |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
Apr 2024 | Public order | Awaiting court outcome | On or near Woodlands Close |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |