£115,247
This estimated value is based upon the latest sale price for the house of £66,500 on 1 Mar 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£66,500 | 1 Mar 2011 |
£22,500 | 10 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 336 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 March 2011 the House Price Index for ESSEX was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £66,500 results in an estimated price of approximately £115,247.
1 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £66,500 | £48,747 | £115,247 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 69.642 % | £46,311 | £112,811 |
3 Month Average | 59.209 % | £39,374 | £105,874 |
6 Month Average | 57.115 % | £37,981 | £104,481 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £236,636 | £233,000 | 26 COLTHORPE ROAD |
15 Sep 2023 | £209,621 | £205,000 | 52 FAIRLOP CLOSE |
14 Aug 2023 | £246,954 | £242,500 | 48 REDBRIDGE ROAD |
1 Mar 2023 | £361,029 | £355,000 | 21 COLTHORPE ROAD |
6 Feb 2023 | £114,767 | £114,000 | 46 ROMFORD COURT FAIRLOP CLOSE |
This house has a floor area of 31 sq meters or 336 sq feet when measured on 4 May 2010. Using an estimated price of £115,248 means this house is valued at £3,682 per sq meter (£342 per sq foot).
The average size of a house on FAIRLOP CLOSE is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Redbridge Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Epping Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Colthorpe Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Becontree Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Becontree Close |