£247,146
This estimated value is based upon the latest sale price for the house of £143,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £143,000 | 18 Dec 2009 |
| £145,500 | 11 Aug 2004 |
| £65,000 | 15 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 40 sq meters or 440 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 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £143,000 results in an estimated price of approximately £247,146.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £143,000 | £104,146 | £247,146 |
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 | 115.179 % | £164,705 | £307,705 |
| 3 Month Average | 41.839 % | £59,830 | £202,830 |
| 6 Month Average | 51.448 % | £73,570 | £216,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £208,081 | £205,000 | 2 BECONTREE CLOSE |
| 11 Sep 2023 | £215,759 | £213,000 | 12 CHINGFORD AVENUE |
| 29 Aug 2023 | £252,206 | £250,000 | 8 CHINGFORD AVENUE |
| 27 Feb 2023 | £249,832 | £250,000 | 7 NEWINGTON GARDENS |
| 30 May 2022 | £766,194 | £751,757 | WILLOW TREE DAY NURSERY CHINGFORD AVENUE |
This house has a floor area of 40 sq meters or 440 sq feet when measured on 15 Jul 2009. Using an estimated price of £247,146 means this house is valued at £6,044 per sq meter (£561 per sq foot).
The average size of a house on LAMBOURNE CLOSE is 63 sq meters (688 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lambourne Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambourne Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chingford Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chingford Avenue |
| Mar 2024 | Public order | Under investigation | On or near Farmleigh Avenue |