£185,774
This estimated value is based upon the latest sale price for the house of £113,500 on 28 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £113,500 | 28 Nov 2013 |
| £125,000 | 16 Jul 2010 |
| £113,500 | 11 Dec 2003 |
| £75,500 | 16 Nov 2001 |
| £42,000 | 27 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £113,500 results in an estimated price of approximately £185,774.
| 28 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £113,500 | £72,274 | £185,774 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 19.702 % | £22,361 | £135,861 |
| 3 Month Average | 40.675 % | £46,166 | £159,666 |
| 6 Month Average | 48.809 % | £55,398 | £168,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £216,657 | £210,000 | 10 MERSTHAM DRIVE |
| 23 Oct 2023 | £168,835 | £165,000 | 94 CONSTABLE AVENUE |
| 2 Oct 2023 | £223,066 | £218,000 | 50 MERSTHAM DRIVE |
| 26 Apr 2023 | £56,048 | £55,000 | 1 COULSDON CLOSE |
| 6 Apr 2023 | £183,431 | £180,000 | 69 CONSTABLE AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Jun 2020. Using an estimated price of £185,774 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on MERSTHAM DRIVE is 58 sq meters (632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Coulsdon Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Constable Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constable Avenue |
| Jun 2024 | Anti-social behaviour | On or near Dixon Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Dixon Avenue |