£239,010
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £120,000 results in an estimated price of approximately £239,010.
| 2 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £120,000 | £119,010 | £239,010 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 29.323 % | £35,188 | £155,188 |
| 3 Month Average | 75.641 % | £90,769 | £210,769 |
| 6 Month Average | 69.606 % | £83,527 | £203,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £653,088 | £640,000 | 23 WINCHESTER ROAD |
| 17 Apr 2023 | £428,005 | £420,000 | 35 WALTHAM WAY |
| 27 Oct 2022 | £378,735 | £380,000 | 41 WALDEN WAY |
| 17 Oct 2022 | £308,968 | £310,000 | 18 WALDEN WAY |
| 30 Jun 2022 | £332,099 | £325,000 | 8 QUENDON WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Oct 2019. Using an estimated price of £239,010 means this house is valued at £4,120 per sq meter (£382 per sq foot).
The average size of a house on WALTHAM WAY is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quendon Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Quendon Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quendon Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peacehaven |
| Apr 2024 | Vehicle crime | Action to be taken by another organisation | On or near Peacehaven |