£374,286
This estimated value is based upon the latest sale price for the house of £303,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £303,000 | 22 Feb 2019 |
| £218,000 | 5 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 February 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £303,000 results in an estimated price of approximately £374,286.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £303,000 | £71,286 | £374,286 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 59.241 % | £179,499 | £482,499 |
| 3 Month Average | -2.894 % | £-8,770 | £294,229 |
| 6 Month Average | 5.636 % | £17,076 | £320,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £127,226 | £125,000 | 12 TRINITY ROAD |
| 5 Dec 2023 | £203,562 | £200,000 | 13 NEALE ROAD |
| 13 Nov 2023 | £194,885 | £192,000 | 10 TRINITY ROAD |
| 30 Mar 2023 | £297,806 | £295,000 | 6 NEALE ROAD |
| 10 Mar 2023 | £297,806 | £295,000 | 2 MITCHELL AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 Nov 2017. Using an estimated price of £374,286 means this house is valued at £3,067 per sq meter (£285 per sq foot).
The average size of a house on MITCHELL AVENUE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mitchell Avenue |
| Mar 2024 | Public order | Under investigation | On or near Mitchell Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mitchell Avenue |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Mitchell Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cutting Drive |