£319,830
This estimated value is based upon the latest sale price for the house of £259,000 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£259,000 | 12 Sep 2018 |
£142,500 | 11 Dec 2014 |
Detached |
Freehold |
Floor Area: 63 sq meters or 680 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 2018 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 23.487%.Applying this 23.487% change to the original purchase price of £259,000 results in an estimated price of approximately £319,830.
12 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £259,000 | £60,830 | £319,830 |
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 | 15.201 % | £39,370 | £298,370 |
3 Month Average | 16.794 % | £43,496 | £302,496 |
6 Month Average | 18.231 % | £47,217 | £306,217 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £232,979 | £230,000 | 12 SHIRLEY COURT |
16 Feb 2023 | £264,822 | £265,000 | 30 FROBISHER DRIVE |
17 Aug 2022 | £219,409 | £220,000 | 3 SHIRLEY COURT |
8 Aug 2022 | £289,221 | £290,000 | 28 FROBISHER DRIVE |
27 Apr 2022 | £221,407 | £215,000 | 20 VIRGINIA CLOSE |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 7 Mar 2009. Using an estimated price of £319,830 means this house is valued at £5,059 per sq meter (£469 per sq foot).
The average size of a house on VIRGINIA CLOSE is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Virginia Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Virginia Close |
Jan 2024 | Public order | Action to be taken by another organisation | On or near Virginia Close |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Virginia Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Miller'S Barn Road |