£105,816
This estimated value is based upon the latest sale price for the house of £72,500 on 15 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£72,500 | 15 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 979 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £72,500 results in an estimated price of approximately £105,816.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £72,500 | £33,316 | £105,816 |
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 | 60.760 % | £44,050 | £116,550 |
3 Month Average | 83.889 % | £60,819 | £133,319 |
6 Month Average | 78.693 % | £57,052 | £129,552 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2022 | £269,428 | £260,000 | 11 BUTCHERS LANE |
7 Jan 2022 | £342,033 | £325,000 | 73 BUTCHERS LANE |
18 Oct 2021 | £271,087 | £245,000 | 6 BUTCHERS LANE |
27 Jul 2021 | £321,794 | £280,000 | 19 CHAMBERLAIN AVENUE |
26 Jul 2021 | £316,048 | £275,000 | 26 CHAMBERLAIN AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 10 Jun 2014. Using an estimated price of £105,817 means this house is valued at £1,162 per sq meter (£108 per sq foot).
The average size of a house on GROVE AVENUE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Dairy Meadow Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butchers Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Butchers Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Butchers Lane |