£173,034
This estimated value is based upon the latest sale price for the house of £101,000 on 4 Apr 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
| Price Paid | Date |
|---|---|
| £101,000 | 4 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2011 the House Price Index for ESSEX was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £101,000 results in an estimated price of approximately £173,034.
| 4 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £101,000 | £72,034 | £173,034 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | 52.879 % | £53,407 | £154,407 |
| 3 Month Average | 61.215 % | £61,827 | £162,827 |
| 6 Month Average | 80.565 % | £81,370 | £182,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £259,541 | £255,000 | 24 LOWER MEADOW |
| 30 Nov 2023 | £268,982 | £265,000 | 62 LOWER MEADOW |
| 10 Nov 2023 | £221,276 | £218,000 | 82 BARLEY CROFT |
| 9 Nov 2023 | £243,607 | £240,000 | 57 LOWER MEADOW |
| 13 Sep 2023 | £266,406 | £263,000 | 119 LOWER MEADOW |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 1 Dec 2012. Using an estimated price of £173,034 means this house is valued at £2,247 per sq meter (£208 per sq foot).
The average size of a house on LOWER MEADOW is 82 sq meters (883 sq feet).