£324,259
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£300,000 | 25 Jun 2021 |
£300,000 | 25 Jun 2021 |
£260,000 | 15 Jan 2016 |
£190,000 | 31 Aug 2011 |
£187,000 | 28 Feb 2005 |
£87,950 | 30 Jun 2000 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 881 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 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £300,000 results in an estimated price of approximately £324,259.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £300,000 | £24,259 | £324,259 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -24.291 % | £-72,874 | £227,125 |
3 Month Average | 0.417 % | £1,252 | £301,252 |
6 Month Average | -0.938 % | £-2,812 | £297,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £347,664 | £340,000 | 31 CHERRY TREE CLOSE |
10 Aug 2023 | £371,704 | £365,000 | 5 BIRCH DRIVE |
14 Jun 2023 | £326,544 | £320,000 | 84 BEECH AVENUE |
27 Apr 2022 | £329,900 | £318,000 | 8 CHERRY TREE CLOSE |
29 Sep 2021 | £309,387 | £285,000 | 36 CHERRY TREE CLOSE |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 20 Oct 2009. Using an estimated price of £324,260 means this house is valued at £3,959 per sq meter (£367 per sq foot).
The average size of a house on CHERRY TREE CLOSE is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Cherry Tree Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coggeshall Way |
May 2024 | Public order | Unable to prosecute suspect | On or near Apple Tree Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Upper Fenn Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Fenn Road |