£283,898
This estimated value is based upon the latest sale price for the house of £219,950 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£219,950 | 16 Jun 2017 |
£139,000 | 25 Nov 2005 |
£76,000 | 14 Sep 2001 |
£56,000 | 20 Aug 1999 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £219,950 results in an estimated price of approximately £283,898.
16 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £219,950 | £63,948 | £283,898 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 4.371 % | £9,613 | £229,563 |
3 Month Average | 17.193 % | £37,815 | £257,765 |
6 Month Average | 12.148 % | £26,719 | £246,669 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £284,215 | £277,000 | 13 CHRISTINA ROAD |
27 Jan 2023 | £283,257 | £282,500 | 4 GODA CLOSE |
14 Nov 2022 | £258,790 | £260,000 | 22 SUTOR CLOSE |
8 Nov 2022 | £278,697 | £280,000 | 32 PHILIP ROAD |
29 Jul 2022 | £191,923 | £190,000 | 10 ALLECTUS WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Mar 2017. Using an estimated price of £283,898 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on ALLECTUS WAY is 84 sq meters (911 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Edmund Road |
Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Edmund Road |
Sep 2024 | Violence and sexual offences | Local resolution | On or near Edmund Road |
Sep 2024 | Violence and sexual offences | Local resolution | On or near Edmund Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Edmund Road |