£271,726
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Becontree Close
More crime details
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Price Paid | Date |
---|---|
£170,000 | 15 Jun 2007 |
£149,995 | 24 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £170,000 results in an estimated price of approximately £271,726.
15 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £170,000 | £101,726 | £271,726 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 25.994 % | £44,190 | £214,190 |
3 Month Average | 36.158 % | £61,468 | £231,468 |
6 Month Average | 42.877 % | £72,891 | £242,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £210,339 | £205,000 | 2 BECONTREE CLOSE |
15 Sep 2023 | £209,621 | £205,000 | 52 FAIRLOP CLOSE |
14 Aug 2023 | £246,954 | £242,500 | 48 REDBRIDGE ROAD |
27 Feb 2023 | £251,681 | £250,000 | 7 NEWINGTON GARDENS |
6 Feb 2023 | £114,767 | £114,000 | 46 ROMFORD COURT FAIRLOP CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Feb 2016. Using an estimated price of £271,726 means this house is valued at £3,396 per sq meter (£315 per sq foot).
The average size of a house on REDBRIDGE ROAD is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Becontree Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Becontree Close |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Redbridge Road |
Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Farmleigh Avenue |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Epping Close |