£259,278
This estimated value is based upon the latest sale price for the house of £260,500 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,500 | 13 Jan 2023 |
| £215,000 | 2 Mar 2018 |
| £145,000 | 30 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 625 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 January 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £260,500 results in an estimated price of approximately £259,278.
| 13 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £260,500 | £-1,221 | £259,278 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -7.417 % | £-19,321 | £241,178 |
| 3 Month Average | -12.312 % | £-32,073 | £228,426 |
| 6 Month Average | 0.828 % | £2,156 | £262,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £345,109 | £340,000 | 41 AXIAL DRIVE |
| 30 Aug 2023 | £726,354 | £720,000 | 35 FERNLEA |
| 21 Apr 2023 | £267,884 | £265,000 | 15 MOTOR WALK |
| 13 Jan 2023 | £259,279 | £260,500 | 12 MOTOR WALK |
| 30 Sep 2022 | £396,796 | £400,000 | 21 FAN AVENUE |
This house has a floor area of 58 sq meters or 625 sq feet when measured on 3 Sep 2010. Using an estimated price of £259,279 means this house is valued at £4,462 per sq meter (£414 per sq foot).
The average size of a house on MOTOR WALK is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Axial Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Apprentice Drive |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Fan Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |