£290,301
This estimated value is based upon the latest sale price for the house of £190,000 on 2 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 2 Jul 2014 |
| £225,000 | 4 Feb 2008 |
| £79,000 | 19 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £190,000 results in an estimated price of approximately £290,301.
| 2 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £190,000 | £100,301 | £290,301 |
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 | 40.812 % | £77,543 | £267,543 |
| 3 Month Average | 49.119 % | £93,326 | £283,326 |
| 6 Month Average | 57.189 % | £108,659 | £298,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £267,175 | £262,500 | 6 HANKIN AVENUE |
| 1 Sep 2023 | £426,858 | £421,400 | 64 HEWITT ROAD |
| 30 Jan 2023 | £388,171 | £390,000 | 29 HANKIN AVENUE |
| 4 Aug 2022 | £274,262 | £275,000 | 1 BIRCH COTTAGES OAKLEY ROAD |
| 9 May 2022 | £387,298 | £380,000 | 31 HEWITT ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Mar 2014. Using an estimated price of £290,302 means this house is valued at £3,298 per sq meter (£306 per sq foot).
The average size of a house on OAKLEY ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Burr Close |
| Apr 2024 | Burglary | Under investigation | On or near Mayes Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mayes Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayes Lane |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Regimental Way |