£384,175
This estimated value is based upon the latest sale price for the house of £314,000 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £314,000 | 17 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £314,000 results in an estimated price of approximately £384,175.
| 17 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £314,000 | £70,175 | £384,175 |
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 | 6.649 % | £20,878 | £334,878 |
| 3 Month Average | -5.923 % | £-18,598 | £295,401 |
| 6 Month Average | 9.234 % | £28,995 | £342,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £260,835 | £257,500 | 32 SALARY CLOSE |
| 3 Aug 2023 | £343,001 | £340,000 | 2 GRAYLING DRIVE |
| 22 Mar 2023 | £277,615 | £275,000 | 60 SALARY CLOSE |
| 31 Aug 2022 | £468,738 | £470,000 | 4 OWLS RETREAT |
| 19 Aug 2022 | £279,248 | £280,000 | 37 SALARY CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 16 Oct 2015. Using an estimated price of £384,176 means this house is valued at £3,803 per sq meter (£353 per sq foot).
The average size of a house on BARBEL ROAD is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Salary Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salary Close |
| Mar 2024 | Anti-social behaviour | On or near Salary Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Salary Close |
| Jan 2024 | Other theft | Under investigation | On or near Salary Close |