£358,395
This estimated value is based upon the latest sale price for the house of £290,000 on 9 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 9 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £290,000 results in an estimated price of approximately £358,395.
| 9 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £290,000 | £68,395 | £358,395 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 7.993 % | £23,178 | £313,178 |
| 3 Month Average | 13.069 % | £37,901 | £327,901 |
| 6 Month Average | 9.146 % | £26,524 | £316,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £182,809 | £180,000 | 26 HOMERTON CLOSE |
| 27 Feb 2023 | £251,681 | £250,000 | 7 NEWINGTON GARDENS |
| 30 Mar 2022 | £245,324 | £235,000 | 5 HOMERTON CLOSE |
| 18 Mar 2022 | £276,642 | £265,000 | 23 FARMLEIGH AVENUE |
| 23 Feb 2022 | £264,114 | £250,000 | 1 LEYTON COURT |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Aug 2019. Using an estimated price of £358,395 means this house is valued at £3,982 per sq meter (£369 per sq foot).
The average size of a house on FOOTS FARM LANE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homerton Close |
| Jul 2024 | Anti-social behaviour | On or near Homerton Close | |
| Jul 2024 | Anti-social behaviour | On or near Homerton Close | |
| Jul 2024 | Anti-social behaviour | On or near Homerton Close | |
| Jul 2024 | Anti-social behaviour | On or near Homerton Close |