£480,185
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Jan 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 9 Jan 2004 |
| £107,500 | 20 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 January 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 113.416%.Applying this 113.416% change to the original purchase price of £225,000 results in an estimated price of approximately £480,185.
| 9 Jan 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.0 | 113.416 % | £225,000 | £255,185 | £480,185 |
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 | 74.964 % | £168,669 | £393,669 |
| 3 Month Average | 88.813 % | £199,828 | £424,828 |
| 6 Month Average | 94.609 % | £212,869 | £437,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £501,695 | £500,000 | 3 GRESLEY CLOSE |
| 25 Aug 2023 | £548,334 | £545,000 | 90 PETO AVENUE |
| 24 Jul 2023 | £427,544 | £423,500 | 18 THORNTON DRIVE |
| 19 Aug 2022 | £586,040 | £590,000 | 82 PETO AVENUE |
| 5 Aug 2022 | £506,577 | £510,000 | 2 FELLOWES CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Dec 2012. Using an estimated price of £480,185 means this house is valued at £4,104 per sq meter (£381 per sq foot).
The average size of a house on PETO AVENUE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Shopping Area |
| Apr 2024 | Shoplifting | Offender given a caution | On or near Shopping Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Apr 2024 | Shoplifting | Local resolution | On or near Shopping Area |