£310,662
This estimated value is based upon the latest sale price for the house of £229,995 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £229,995 | 11 Mar 2016 |
| £183,000 | 29 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £229,995 results in an estimated price of approximately £310,662.
| 11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £229,995 | £80,667 | £310,662 |
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 | 52.373 % | £120,455 | £350,450 |
| 3 Month Average | 33.122 % | £76,178 | £306,173 |
| 6 Month Average | 43.390 % | £99,794 | £329,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £288,894 | £285,200 | 13 HOWE CLOSE |
| 16 Jun 2023 | £318,862 | £315,000 | 216 ST ANDREWS AVENUE |
| 28 Sep 2022 | £327,356 | £330,000 | 200 ST ANDREWS AVENUE |
| 20 Dec 2021 | £267,844 | £250,000 | 4 CHASE COURT |
| 1 Dec 2021 | £284,986 | £266,000 | 110 FOREST ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 1 May 2019. Using an estimated price of £310,663 means this house is valued at £2,958 per sq meter (£274 per sq foot).
The average size of a house on FOREST ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Forest Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |