£255,114
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Aug 2019 |
| £230,000 | 28 Jun 2019 |
| £182,000 | 16 Jan 2015 |
| £149,500 | 9 Aug 2004 |
| £149,500 | 9 Aug 2004 |
| £95,750 | 22 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £210,000 results in an estimated price of approximately £255,114.
| 30 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £210,000 | £45,114 | £255,114 |
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 | 23.310 % | £48,951 | £258,951 |
| 3 Month Average | 5.504 % | £11,557 | £221,557 |
| 6 Month Average | 15.743 % | £33,059 | £243,059 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jul 2014.
The average size of a house on VALENS CLOSE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Valens Close | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flavius Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Caracalla Way |
| Jan 2024 | Anti-social behaviour | On or near Caracalla Way | |
| Jan 2024 | Anti-social behaviour | On or near Caracalla Way |