£228,835
This estimated value is based upon the latest sale price for the house of £179,995 on 27 Oct 2017. 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 Rotary Way
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| Price Paid | Date |
|---|---|
| £179,995 | 27 Oct 2017 |
| £122,500 | 1 Feb 2013 |
| £120,000 | 20 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £179,995 results in an estimated price of approximately £228,835.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £179,995 | £48,840 | £228,835 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 6.579 % | £11,841 | £191,836 |
| 3 Month Average | -1.717 % | £-3,091 | £176,903 |
| 6 Month Average | -3.291 % | £-5,924 | £174,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £255,112 | £250,000 | 108 ROTARY WAY |
| 2 Sep 2022 | £265,822 | £266,000 | 53 ROTARY WAY |
| 22 Apr 2022 | £209,559 | £202,000 | 155 ROTARY WAY |
| 14 Feb 2022 | £211,291 | £200,000 | 116 ROTARY WAY |
| 6 Dec 2021 | £220,179 | £204,000 | 158 ROTARY WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Aug 2021. Using an estimated price of £228,835 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on ROTARY WAY is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rotary Way |
| Jul 2024 | Other crime | Under investigation | On or near Rotary Way |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rotary Way |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Rotary Way |
| May 2024 | Drugs | Offender given a caution | On or near Rotary Way |