£414,929
This estimated value is based upon the latest sale price for the house of £375,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £375,000 | 29 Oct 2021 |
| £230,000 | 9 Dec 2010 |
| £137,000 | 12 Oct 2008 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £375,000 results in an estimated price of approximately £414,929.
| 29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £375,000 | £39,929 | £414,929 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -14.356 % | £-53,834 | £321,165 |
| 3 Month Average | -32.921 % | £-123,453 | £251,546 |
| 6 Month Average | -10.588 % | £-39,706 | £335,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £129,569 | £128,000 | 4 GUITHAVON STREET |
| 26 Jun 2023 | £217,636 | £215,000 | FLAT 3 GUITHAVON HOUSE GUITHAVON STREET |
| 20 Apr 2023 | £90,980 | £90,000 | GUITHAVON HOUSE GUITHAVON STREET |
| 13 Jan 2023 | £184,133 | £185,000 | FLAT 8 GUITHAVON HOUSE GUITHAVON STREET |
| 7 Oct 2022 | £514,461 | £520,000 | KIRKSIDE LAWN CHASE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 14 May 2009. Using an estimated price of £414,929 means this house is valued at £3,516 per sq meter (£326 per sq foot).
The average size of a house on GUITHAVON STREET is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guithavon Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Guithavon Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Guithavon Street |