£319,229
This estimated value is based upon the latest sale price for the house of £259,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £259,000 | 21 Feb 2020 |
| £183,000 | 14 Sep 2012 |
| £130,000 | 9 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,139 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £259,000 results in an estimated price of approximately £319,229.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £259,000 | £60,229 | £319,229 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 52.586 % | £136,196 | £395,196 |
| 3 Month Average | 16.720 % | £43,303 | £302,303 |
| 6 Month Average | 16.847 % | £43,632 | £302,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £153,864 | £151,500 | 30 PURLEY WAY |
| 12 Sep 2023 | £279,154 | £273,000 | 14 GAINSBOROUGH CLOSE |
| 4 Mar 2022 | £302,741 | £290,000 | 24 WOODROWS LANE |
| 14 Jan 2022 | £284,663 | £268,500 | 37 WOODROWS LANE |
| 7 Jan 2022 | £291,555 | £275,000 | 4 BISLEY CLOSE |
This house has a floor area of 105 sq meters or 1,139 sq feet when measured on 1 Dec 2011. Using an estimated price of £319,230 means this house is valued at £3,015 per sq meter (£280 per sq foot).
The average size of a house on MAYFORD WAY is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Cranleigh Close |
| Aug 2024 | Other theft | Under investigation | On or near Gainsborough Close |
| Oct 2024 | Shoplifting | Under investigation | On or near Bocking'S Grove |
| Oct 2024 | Shoplifting | Under investigation | On or near Bocking'S Grove |
| Oct 2024 | Shoplifting | Under investigation | On or near Bocking'S Grove |