£160,973
This estimated value is based upon the latest sale price for the house of £32,000 on 5 Sep 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £32,000 | 5 Sep 1997 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 64 sq meters or 688 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 1997 the House Price Index for ESSEX was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £32,000 results in an estimated price of approximately £160,973.
| 5 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £32,000 | £128,973 | £160,973 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 389.181 % | £124,537 | £156,537 |
| 3 Month Average | 464.219 % | £148,550 | £180,550 |
| 6 Month Average | 449.277 % | £143,768 | £175,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £431,632 | £425,000 | 77 HALL LANE |
| 26 Aug 2022 | £386,809 | £385,000 | ORCHARD HOUSE, 101 HALL LANE |
| 10 May 2022 | £284,409 | £277,000 | 82 HALL LANE |
| 14 Apr 2022 | £342,349 | £330,000 | 62 HALL LANE |
| 4 Mar 2022 | £407,134 | £390,000 | 116 HALL LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Jan 2020. Using an estimated price of £160,973 means this house is valued at £2,515 per sq meter (£233 per sq foot).
The average size of a house on HALL LANE is 104 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near High Tree Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Tree Lane |
| Sep 2024 | Burglary | Under investigation | On or near Spendells Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Spendells Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Spendells Close |