£331,591
This estimated value is based upon the latest sale price for the house of £192,000 on 31 May 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £192,000 | 31 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,334 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 May 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £192,000 results in an estimated price of approximately £331,591.
| 31 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £192,000 | £139,591 | £331,591 |
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 | 80.164 % | £153,915 | £345,915 |
| 3 Month Average | 58.713 % | £112,728 | £304,728 |
| 6 Month Average | 82.083 % | £157,598 | £349,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £438,839 | £435,000 | 81 APPRENTICE DRIVE |
| 17 Mar 2023 | £373,519 | £370,000 | 103 APPRENTICE DRIVE |
| 31 Jan 2023 | £447,890 | £450,000 | 97 APPRENTICE DRIVE |
| 27 Sep 2022 | £125,983 | £127,000 | 17 STONECROP |
| 15 Jul 2022 | £210,567 | £210,000 | 14 APPRENTICE DRIVE |
This house has a floor area of 123 sq meters or 1,334 sq feet when measured on 12 Oct 2010. Using an estimated price of £331,591 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on FERNLEA is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Gentian Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Celandine Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Celandine Court |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Celandine Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Celandine Court |