£1,204,636
This estimated value is based upon the latest sale price for the house of £975,000 on 5 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £975,000 | 5 Nov 2019 |
| £490,000 | 30 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 366 sq meters or 3,939 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £975,000 results in an estimated price of approximately £1,204,636.
| 5 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £975,000 | £229,636 | £1,204,636 |
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 | -17.324 % | £-168,906 | £806,093 |
| 3 Month Average | 8.348 % | £81,396 | £1,056,396 |
| 6 Month Average | -1.764 % | £-17,200 | £957,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £908,050 | £885,000 | LINKSFORD HOUSE FIRST AVENUE |
| 3 Mar 2023 | £1,118,682 | £1,100,000 | 66 SECOND AVENUE |
| 8 Sep 2022 | £394,736 | £395,000 | FLAT 4 IVANHOE, 47 SECOND AVENUE |
| 6 Sep 2022 | £899,399 | £900,000 | COURTLANDS FIRST AVENUE |
| 21 Apr 2022 | £394,220 | £380,000 | FLAT 16 BROADLANDS HOLLAND ROAD |
This house has a floor area of 366 sq meters or 3,939 sq feet when measured on 21 Mar 2019. Using an estimated price of £1,204,636 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on FIRST AVENUE is 253 sq meters (2,733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Second Avenue |