£233,585
This estimated value is based upon the latest sale price for the house of £227,500 on 6 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£227,500 | 6 May 2022 |
£190,000 | 10 Aug 2020 |
£139,995 | 19 Mar 2012 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 804 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 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £227,500 results in an estimated price of approximately £233,585.
6 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £227,500 | £6,085 | £233,585 |
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 | -17.885 % | £-40,688 | £186,811 |
3 Month Average | -11.143 % | £-25,349 | £202,150 |
6 Month Average | -7.332 % | £-16,681 | £210,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £158,602 | £155,000 | 31 SILLET CLOSE |
22 Nov 2022 | £283,674 | £285,000 | 21 REIGATE AVENUE |
22 Aug 2022 | £271,268 | £270,000 | 8 BRIGHT CLOSE |
29 Jul 2022 | £262,632 | £260,000 | 46 COTMAN ROAD |
19 May 2022 | £272,088 | £265,000 | 2 REIGATE AVENUE |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 22 Mar 2012. Using an estimated price of £233,585 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on TURNER CLOSE is 113 sq meters (1,217 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Turner Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Middleton Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reigate Avenue |
Sep 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Sillett Close |
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cotman Road |