£226,341
This estimated value is based upon the latest sale price for the house of £130,000 on 22 Dec 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 22 Dec 2009 |
| £114,000 | 29 May 2003 |
| £69,000 | 2 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £130,000 results in an estimated price of approximately £226,341.
| 22 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £130,000 | £96,341 | £226,341 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 82.326 % | £107,023 | £237,023 |
| 3 Month Average | 89.418 % | £116,243 | £246,243 |
| 6 Month Average | 79.305 % | £103,096 | £233,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £294,492 | £288,000 | 4 DART CLOSE |
| 20 Sep 2023 | £316,988 | £310,000 | 175 HUMBER ROAD |
| 1 Sep 2023 | £330,792 | £323,500 | 139 HUMBER ROAD |
| 25 Aug 2023 | £315,694 | £310,000 | 143 HUMBER ROAD |
| 1 Jun 2023 | £291,849 | £286,000 | 145 HUMBER ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 May 2015. Using an estimated price of £226,342 means this house is valued at £2,939 per sq meter (£273 per sq foot).
The average size of a house on BURE DRIVE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Bure Drive |
| Oct 2024 | Drugs | Under investigation | On or near Bure Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bure Drive |
| Oct 2024 | Anti-social behaviour | On or near Supermarket | |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |