£234,609
This estimated value is based upon the latest sale price for the house of £136,795 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£136,795 | 24 Feb 2012 |
Semi-Detached |
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 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 £136,795 results in an estimated price of approximately £234,609.
24 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £136,795 | £97,814 | £234,609 |
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 | 99.866 % | £136,612 | £273,407 |
3 Month Average | 65.457 % | £89,541 | £226,336 |
6 Month Average | 55.591 % | £76,046 | £212,841 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £151,839 | £150,000 | FLAT 26 OLD CUSTOM HOUSE MAIN ROAD |
21 Apr 2023 | £272,939 | £270,000 | 156 HERON WAY |
31 Mar 2023 | £206,950 | £205,000 | 142 HERON WAY |
10 Feb 2023 | £259,825 | £260,000 | 105 HERON WAY |
10 Feb 2023 | £144,902 | £145,000 | FLAT 12 OLD CUSTOM HOUSE MAIN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Jul 2011. Using an estimated price of £234,610 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on HERON WAY is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Heron Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Heron Way |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heron Way |
Feb 2024 | Anti-social behaviour | On or near Heron Way | |
Feb 2024 | Anti-social behaviour | On or near Heron Way |