£755,940
This estimated value is based upon the latest sale price for the house of £590,000 on 13 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Second Avenue
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| Price Paid | Date |
|---|---|
| £590,000 | 13 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 June 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £590,000 results in an estimated price of approximately £755,940.
| 13 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £590,000 | £165,940 | £755,940 |
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 | 78.730 % | £464,507 | £1,054,507 |
| 3 Month Average | -5.281 % | £-31,159 | £558,840 |
| 6 Month Average | 21.057 % | £124,236 | £714,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £898,299 | £885,000 | LINKSFORD HOUSE FIRST AVENUE |
| 15 Sep 2023 | £991,680 | £979,000 | 39 THIRD AVENUE |
| 3 Mar 2023 | £1,110,462 | £1,100,000 | 66 SECOND AVENUE |
| 8 Sep 2022 | £391,836 | £395,000 | FLAT 4 IVANHOE, 47 SECOND AVENUE |
| 6 Sep 2022 | £892,790 | £900,000 | COURTLANDS FIRST AVENUE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 14 Jul 2014. Using an estimated price of £755,941 means this house is valued at £4,754 per sq meter (£441 per sq foot).
The average size of a house on FIRST AVENUE is 253 sq meters (2,733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Apr 2024 | Public order | Under investigation | On or near Second Avenue |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Second Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |