£292,649
This estimated value is based upon the latest sale price for the house of £297,000 on 12 Oct 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£297,000 | 12 Oct 2022 |
£265,000 | 14 Dec 2018 |
£260,000 | 8 Sep 2017 |
£207,995 | 30 Jun 2015 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £297,000 results in an estimated price of approximately £292,649.
12 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.0 | -1.465 % | £297,000 | £-4,350 | £292,649 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -39.749 % | £-118,056 | £178,943 |
3 Month Average | -14.929 % | £-44,338 | £252,661 |
6 Month Average | -0.585 % | £-1,737 | £295,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £418,371 | £413,000 | 8 OAK DRIVE |
18 Aug 2023 | £482,937 | £480,000 | 3 WILLOW WALK |
17 Aug 2023 | £291,774 | £290,000 | 3 QUEEN STREET |
12 Oct 2022 | £292,650 | £297,000 | 11 ELM REACH |
12 Oct 2022 | £487,750 | £495,000 | 8 WILLOW WALK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Jun 2015. Using an estimated price of £292,650 means this house is valued at £3,751 per sq meter (£348 per sq foot).
The average size of a house on ELM REACH is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Reach |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Reach |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut End |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut End |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Walnut End |