£269,876
This estimated value is based upon the latest sale price for the house of £136,500 on 4 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £136,500 | 4 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £136,500 results in an estimated price of approximately £269,876.
| 4 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £136,500 | £133,376 | £269,876 |
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 | 86.463 % | £118,022 | £254,522 |
| 3 Month Average | 68.325 % | £93,263 | £229,763 |
| 6 Month Average | 93.153 % | £127,153 | £263,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £270,000 | £270,000 | 114 MAGNOLIA DRIVE |
| 10 Aug 2023 | £237,074 | £235,000 | 100 MAGNOLIA DRIVE |
| 27 May 2022 | £252,763 | £248,000 | 3 ARIEL CLOSE |
| 15 Feb 2022 | £262,174 | £250,000 | 24 ROSALIND CLOSE |
| 29 Sep 2021 | £150,863 | £140,000 | 32 FERDINAND WALK |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 1 Aug 2014. Using an estimated price of £269,877 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on ARIEL CLOSE is 118 sq meters (1,270 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ariel Close |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Ariel Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ariel Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Arrow Road |
| Mar 2024 | Drugs | Local resolution | On or near Magnolia Drive |