£353,391
This estimated value is based upon the latest sale price for the house of £197,500 on 23 Nov 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £197,500 | 23 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2005 the House Price Index for ESSEX was 82.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.933%.Applying this 78.933% change to the original purchase price of £197,500 results in an estimated price of approximately £353,391.
| 23 Nov 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 146.7 | 78.933 % | £197,500 | £155,891 | £353,391 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 52.312 % | £103,316 | £300,816 |
| 3 Month Average | 58.577 % | £115,688 | £313,188 |
| 6 Month Average | 74.041 % | £146,230 | £343,730 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Nov 2019.
The average size of a house on BALLANTYNE DRIVE is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Lightship Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lightship Way |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Lightship Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lightship Way |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Lightship Way |