£290,886
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Aug 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,285 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £160,000 results in an estimated price of approximately £290,886.
| 28 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £160,000 | £130,886 | £290,886 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 57.836 % | £92,537 | £252,537 |
| 3 Month Average | 87.682 % | £140,290 | £300,290 |
| 6 Month Average | 100.268 % | £160,429 | £320,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £322,962 | £318,000 | 6 PERCIVAL ROAD |
| 18 Jan 2023 | £511,366 | £510,000 | 2 VIKING OAK COTTAGE GREEN LANE |
| 13 Jun 2022 | £357,645 | £350,000 | 1A COASTGUARD COTTAGES EAST TERRACE |
| 14 Apr 2022 | £342,349 | £330,000 | 62 HALL LANE |
| 28 Feb 2022 | £327,502 | £310,000 | 11 PERCIVAL ROAD |
This house has a floor area of 119 sq meters or 1,285 sq feet when measured on 2 Jul 2009. Using an estimated price of £290,887 means this house is valued at £2,436 per sq meter (£226 per sq foot).
The average size of a house on GREEN LANE is 140 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Percival Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hall Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tudor Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tudor Close |
| Jul 2024 | Anti-social behaviour | On or near Tudor Close |