£446,912
This estimated value is based upon the latest sale price for the house of £292,500 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£292,500 | 25 Jul 2014 |
£278,000 | 8 Dec 2010 |
£169,995 | 20 Aug 2001 |
£112,000 | 25 Sep 1998 |
Detached |
Freehold |
Floor Area: 183 sq meters or 1,980 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £292,500 results in an estimated price of approximately £446,912.
25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £292,500 | £154,412 | £446,912 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 63.355 % | £185,314 | £477,814 |
3 Month Average | 50.267 % | £147,031 | £439,531 |
6 Month Average | 46.895 % | £137,168 | £429,668 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £176,544 | £175,000 | 34 LYON CLOSE |
28 Jul 2023 | £207,797 | £205,000 | 44 LYON CLOSE |
14 Jul 2023 | £167,251 | £165,000 | 17 LYON CLOSE |
24 Mar 2023 | £201,902 | £200,000 | 86 LYON CLOSE |
24 Feb 2023 | £189,872 | £190,000 | 18 LYON CLOSE |
This house has a floor area of 183 sq meters or 1,980 sq feet when measured on 14 May 2010. Using an estimated price of £446,912 means this house is valued at £2,429 per sq meter (£225 per sq foot).
The average size of a house on BOLEY DRIVE is 112 sq meters (1,207 sq feet).
This house is the largest in the street with a floor area of 183 sq meters (1,980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Boley Drive |
Mar 2024 | Drugs | Awaiting court outcome | On or near Boley Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyon Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyon Close |