£319,156
This estimated value is based upon the latest sale price for the house of £262,000 on 9 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £262,000 | 9 Jul 2020 |
| £167,500 | 19 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £262,000 results in an estimated price of approximately £319,156.
| 9 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £262,000 | £57,156 | £319,156 |
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 | -3.986 % | £-10,442 | £251,557 |
| 3 Month Average | 16.646 % | £43,612 | £305,612 |
| 6 Month Average | 12.964 % | £33,965 | £295,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £274,433 | £266,000 | 26 DEFOE CRESCENT |
| 18 Sep 2023 | £304,206 | £297,500 | 98 DEFOE CRESCENT |
| 14 Apr 2023 | £356,671 | £350,000 | 47 DEFOE CRESCENT |
| 29 Mar 2023 | £274,586 | £270,000 | 59 DEFOE CRESCENT |
| 24 Mar 2023 | £392,556 | £386,000 | 1 FOX WAY |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 5 Mar 2020. Using an estimated price of £319,156 means this house is valued at £2,594 per sq meter (£241 per sq foot).
The average size of a house on DEFOE CRESCENT is 81 sq meters (875 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Defoe Crescent |
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Defoe Crescent |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raven Way |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Maplehurst Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Estuary Close |