£199,141
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 7 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £160,000 results in an estimated price of approximately £199,141.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £160,000 | £39,141 | £199,141 |
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 | 11.368 % | £18,189 | £178,189 |
| 3 Month Average | 7.417 % | £11,867 | £171,867 |
| 6 Month Average | 12.908 % | £20,653 | £180,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 12 SYCAMORE WAY |
| 24 Mar 2023 | £221,702 | £218,000 | 16 WALNUT WAY |
| 2 Aug 2022 | £195,916 | £195,000 | 30 ALMOND CLOSE |
| 19 May 2022 | £225,885 | £220,000 | ROSEDENE RUSH GREEN ROAD |
| 14 Apr 2022 | £197,110 | £190,000 | 9 WALNUT WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 21 Aug 2020. Using an estimated price of £199,141 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on WALNUT WAY is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |