£595,850
This estimated value is based upon the latest sale price for the house of £509,995 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £509,995 | 30 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £509,995 results in an estimated price of approximately £595,850.
| 30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £509,995 | £85,855 | £595,850 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 7.482 % | £38,159 | £548,154 |
| 3 Month Average | -11.670 % | £-59,515 | £450,479 |
| 6 Month Average | -5.278 % | £-26,918 | £483,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £524,736 | £518,000 | 29 MURRAY MCPHERSON PARADE |
| 9 Aug 2023 | £342,080 | £340,000 | 32 ROBERT CAMERON MEWS |
| 28 Jul 2023 | £307,913 | £305,000 | 28 MEMORIAL WAY |
| 9 Feb 2023 | £408,070 | £410,000 | 9 DUDLEY ROAD |
| 28 Nov 2022 | £418,218 | £425,000 | 5 MEMORIAL WAY |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 13 Oct 2020. Using an estimated price of £595,851 means this house is valued at £3,724 per sq meter (£345 per sq foot).
The average size of a house on WIDGERY WAY is 128 sq meters (1,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bray Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Jaggard Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Herbert Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Herbert Way |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Herbert Way |