£191,675
This estimated value is based upon the latest sale price for the house of £166,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £166,000 | 11 Nov 2020 |
| £165,000 | 9 Dec 2015 |
| £127,500 | 1 Sep 2010 |
| £138,180 | 28 Apr 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 663 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £166,000 results in an estimated price of approximately £191,675.
| 11 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £166,000 | £25,675 | £191,675 |
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 | -22.055 % | £-36,611 | £129,388 |
| 3 Month Average | -13.952 % | £-23,160 | £142,839 |
| 6 Month Average | -5.644 % | £-9,369 | £156,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £201,910 | £200,000 | 99 PROPELAIR WAY |
| 22 Jun 2023 | £194,578 | £193,000 | 63 WOODS COURT PROPELAIR WAY |
| 3 Mar 2023 | £201,087 | £200,000 | 129 PROPELAIR WAY |
| 17 Feb 2023 | £190,101 | £191,000 | 60 WOODS COURT PROPELAIR WAY |
| 18 Mar 2022 | £179,582 | £174,000 | 22 WOODS COURT PROPELAIR WAY |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 4 Jun 2010. Using an estimated price of £191,676 means this house is valued at £3,110 per sq meter (£288 per sq foot).
The average size of a house on PROPELAIR WAY is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Engineers Square |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Engineers Square |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Aerofoil Grove |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tufnell Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Wood Mews |