£231,787
This estimated value is based upon the latest sale price for the house of £71,850 on 16 Nov 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £71,850 | 16 Nov 2001 |
| £65,000 | 14 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2001 the House Price Index for ESSEX was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £71,850 results in an estimated price of approximately £231,787.
| 16 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £71,850 | £159,937 | £231,787 |
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 | 164.175 % | £117,959 | £189,809 |
| 3 Month Average | 159.210 % | £114,392 | £186,242 |
| 6 Month Average | 161.949 % | £116,360 | £188,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 12 SYCAMORE WAY |
| 5 Oct 2023 | £245,578 | £240,000 | 116 COOPERS LANE |
| 11 Aug 2022 | £241,128 | £240,000 | 21 LAKE AVENUE |
| 11 Aug 2022 | £316,480 | £315,000 | 146 COOPERS LANE |
| 20 May 2022 | £275,169 | £268,000 | 7 LABURNUM CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 25 Apr 2014. Using an estimated price of £231,787 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on COOPERS LANE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Lime Close |
| Oct 2024 | Public order | Under investigation | On or near Lime Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Way |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Way |