£1,540,123
This estimated value is based upon the latest sale price for the house of £1,500,000 on 9 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£1,500,000 | 9 May 2022 |
£1,450,000 | 26 May 2016 |
£575,000 | 20 Apr 2012 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,322 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,540,123.
9 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £1,500,000 | £40,123 | £1,540,123 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -8.211 % | £-123,168 | £1,376,831 |
3 Month Average | -2.073 % | £-31,100 | £1,468,899 |
6 Month Average | 2.388 % | £35,825 | £1,535,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £1,360,000 | £1,360,000 | 4 ST CLARE ROAD |
19 Dec 2023 | £954,324 | £925,000 | 4 FITZWALTER ROAD |
1 Nov 2023 | £1,282,557 | £1,250,000 | 10 FITZWALTER ROAD |
17 Oct 2023 | £1,294,398 | £1,265,000 | 26 FITZWALTER ROAD |
25 Aug 2023 | £1,527,551 | £1,500,000 | 7 ST CLARE ROAD |
This house has a floor area of 122 sq meters or 1,322 sq feet when measured on 3 Mar 2012. Using an estimated price of £1,540,123 means this house is valued at £12,530 per sq meter (£1,164 per sq foot).
The average size of a house on ALTON DRIVE is 207 sq meters (2,230 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Wroxham Close |
Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wroxham Close |
Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acland Avenue |
Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Acland Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Acland Avenue |