£132,777
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £120,000 | 7 Oct 2021 |
| £98,000 | 11 Mar 2015 |
| £100,000 | 5 Mar 2012 |
| £116,000 | 27 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 497 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 October 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £120,000 results in an estimated price of approximately £132,777.
| 7 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £120,000 | £12,777 | £132,777 |
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 | -20.653 % | £-24,783 | £95,216 |
| 3 Month Average | 5.344 % | £6,413 | £126,413 |
| 6 Month Average | 0.345 % | £414 | £120,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £91,603 | £90,000 | FLAT 224 CRANMERE COURT EXETER DRIVE |
| 7 Nov 2023 | £142,104 | £140,000 | FLAT 8 STOPES HOUSE EAGLEGATE |
| 4 Apr 2023 | £205,415 | £203,203 | 5 THE BREWERY TOWER EAGLEGATE |
| 11 Nov 2022 | £309,748 | £313,500 | 24 HEREFORD ROAD |
| 12 May 2022 | £110,074 | £108,000 | FLAT 228 CRANMERE COURT EXETER DRIVE |
This house has a floor area of 46 sq meters or 497 sq feet when measured on 10 Sep 2010. Using an estimated price of £132,777 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on EXETER DRIVE is 51 sq meters (552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Drive |
| Apr 2024 | Anti-social behaviour | On or near Eaglegate | |
| Apr 2024 | Anti-social behaviour | On or near Eaglegate | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |