£306,433
This estimated value is based upon the latest sale price for the house of £125,057 on 10 Feb 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,057 | 10 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 283 sq meters or 3,046 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 2003 the House Price Index for ESSEX was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £125,057 results in an estimated price of approximately £306,433.
| 10 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £125,057 | £181,376 | £306,433 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 133.747 % | £167,259 | £292,316 |
| 3 Month Average | 93.329 % | £116,714 | £241,771 |
| 6 Month Average | 97.187 % | £121,539 | £246,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £284,208 | £280,000 | 25 SUNNYSIDE WAY |
| 14 Jun 2023 | £271,286 | £268,000 | 24 LEYS DRIVE |
| 2 Jun 2023 | £273,311 | £270,000 | 23 SUNNYSIDE WAY |
| 10 Mar 2023 | £279,635 | £277,000 | 7 LEYS DRIVE |
| 30 Nov 2022 | £365,572 | £370,000 | 9 VILLAGE CLOSE |
This house has a floor area of 283 sq meters or 3,046 sq feet when measured on 18 Mar 2016. Using an estimated price of £306,434 means this house is valued at £1,082 per sq meter (£100 per sq foot).
The average size of a house on LONDON ROAD is 135 sq meters (1,457 sq feet).
This house is the largest in the street with a floor area of 283 sq meters (3,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stonehall Drive | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Stonehall Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Hazelwood Crescent |
| Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |