£369,597
This estimated value is based upon the latest sale price for the house of £302,500 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £302,500 | 18 Dec 2019 |
| £318,000 | 29 Jun 2018 |
| £249,950 | 29 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,204 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £302,500 results in an estimated price of approximately £369,597.
| 18 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £302,500 | £67,097 | £369,597 |
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 | 9.658 % | £29,216 | £331,716 |
| 3 Month Average | 10.314 % | £31,199 | £333,699 |
| 6 Month Average | 6.286 % | £19,014 | £321,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £421,424 | £420,000 | 6 SCRIVENER CLOSE |
| 1 Dec 2023 | £321,074 | £315,000 | 25 VALENS CLOSE |
| 11 Apr 2023 | £382,845 | £380,000 | 16 KIRK WAY |
| 31 Mar 2023 | £279,511 | £278,000 | 33 KIRK WAY |
| 31 Mar 2023 | £361,957 | £360,000 | 37 KIRK WAY |
This house has a floor area of 111 sq meters or 1,204 sq feet when measured on 16 Aug 2010. Using an estimated price of £369,598 means this house is valued at £3,303 per sq meter (£306 per sq foot).
The average size of a house on CATER WALK is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Destination Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Destination Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Destination Drive |
| Feb 2024 | Anti-social behaviour | On or near Destination Drive | |
| Feb 2024 | Anti-social behaviour | On or near Destination Drive |