£558,096
This estimated value is based upon the latest sale price for the house of £370,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Office 9, Cedar House, Hainault Business Park, 58 Peregrine Road, Hainault, IG6 3SZ
Phone: 02045162057
| Price Paid | Date |
|---|---|
| £370,000 | 18 Jul 2014 |
| £280,000 | 9 Sep 2010 |
| £188,000 | 12 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,002 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £370,000 results in an estimated price of approximately £558,096.
| 18 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £370,000 | £188,096 | £558,096 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | -2.111 % | £-7,811 | £362,188 |
| 3 Month Average | -7.496 % | £-27,734 | £342,265 |
| 6 Month Average | 10.102 % | £37,378 | £407,378 |
This house has a floor area of 93 sq meters or 1,002 sq feet when measured on 26 Aug 2009.
The average size of a house on FAVERSHAM CLOSE is 138 sq meters (1,486 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Faversham Close | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faversham Close |
| Feb 2024 | Anti-social behaviour | On or near Faversham Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Coopers Close |