£340,411
This estimated value is based upon the latest sale price for the house of £276,000 on 23 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £276,000 | 23 Jul 2019 |
| £190,000 | 6 Jan 2014 |
| £175,000 | 29 Jun 2006 |
| £71,250 | 22 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 945 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 July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £276,000 results in an estimated price of approximately £340,411.
| 23 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £276,000 | £64,411 | £340,411 |
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 | 27.781 % | £76,676 | £352,676 |
| 3 Month Average | 3.498 % | £9,654 | £285,654 |
| 6 Month Average | 17.603 % | £48,583 | £324,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £299,798 | £300,000 | 5 PEGASUS WAY |
| 23 Sep 2022 | £344,716 | £347,500 | 2 PORTERS BROOK WALK |
| 18 Jul 2022 | £431,161 | £430,000 | 20 ST DOMINIC ROAD |
| 20 May 2022 | £361,818 | £355,000 | 3 PEGASUS WAY |
| 6 May 2022 | £351,626 | £345,000 | 64 UPLAND DRIVE |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 1 Feb 2012. Using an estimated price of £340,411 means this house is valued at £3,876 per sq meter (£360 per sq foot).
The average size of a house on PORTERS BROOK WALK is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Dominic Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Pegasus Way |
| Feb 2024 | Anti-social behaviour | On or near Upland Drive | |
| Feb 2024 | Anti-social behaviour | On or near Upland Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |