£299,604
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Jul 2016 |
| £178,000 | 16 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £225,000 results in an estimated price of approximately £299,604.
| 14 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £225,000 | £74,604 | £299,604 |
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 | 20.920 % | £47,069 | £272,069 |
| 3 Month Average | 15.530 % | £34,942 | £259,942 |
| 6 Month Average | 37.963 % | £85,417 | £310,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £275,523 | £272,000 | 6 PRIOR WAY |
| 31 Aug 2023 | £237,074 | £235,000 | 15 BERGHOLT ROAD |
| 18 Jul 2023 | £304,093 | £300,000 | 17 BERGHOLT ROAD |
| 22 Apr 2022 | £257,450 | £250,000 | 12 PRIOR WAY |
| 21 Feb 2020 | £287,520 | £235,000 | 38 HUGH DICKSON ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 10 Oct 2014.
The average size of a house on PRIOR WAY is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Longacre |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hugh Dickson Road |