£316,986
This estimated value is based upon the latest sale price for the house of £292,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £292,000 | 3 Sep 2021 |
| £230,000 | 3 Feb 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £292,000 results in an estimated price of approximately £316,986.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £292,000 | £24,986 | £316,986 |
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 | -10.344 % | £-30,204 | £261,795 |
| 3 Month Average | 19.582 % | £57,180 | £349,180 |
| 6 Month Average | 14.395 % | £42,032 | £334,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £282,453 | £280,000 | 9 OWEN WARD CLOSE |
| 19 Sep 2023 | £391,122 | £382,500 | 35 BISHOP ROAD |
| 30 Aug 2023 | £239,316 | £235,000 | 36 PAXMAN AVENUE |
| 29 Jun 2023 | £389,812 | £382,000 | 46 HAZELL AVENUE |
| 3 Mar 2023 | £205,431 | £202,000 | 16 PAXMAN AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Nov 2015. Using an estimated price of £316,986 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on PAXMAN AVENUE is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owen Ward Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Paxman Avenue |
| Oct 2024 | Anti-social behaviour | On or near Paxman Avenue | |
| Oct 2024 | Anti-social behaviour | On or near Paxman Avenue | |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Paxman Avenue |