£267,501
This estimated value is based upon the latest sale price for the house of £163,000 on 12 Feb 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £163,000 | 12 Feb 2007 |
| £107,500 | 24 Jul 2002 |
| £57,500 | 9 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 February 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £163,000 results in an estimated price of approximately £267,501.
| 12 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £163,000 | £104,501 | £267,501 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 77.705 % | £126,659 | £289,659 |
| 3 Month Average | 69.677 % | £113,573 | £276,573 |
| 6 Month Average | 72.803 % | £118,668 | £281,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £281,261 | £276,000 | 3 KING EDWARD WAY |
| 19 Jul 2022 | £262,632 | £260,000 | 60 CLAUDIUS WAY |
| 13 Apr 2022 | £199,704 | £192,500 | 48 CLAUDIUS WAY |
| 14 Feb 2022 | £192,803 | £182,500 | 50 CLAUDIUS WAY |
| 13 Jan 2022 | £286,254 | £270,000 | 1 FABER ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 May 2018. Using an estimated price of £267,502 means this house is valued at £3,933 per sq meter (£365 per sq foot).
The average size of a house on CLAUDIUS WAY is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Claudius Way |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Allectus Way |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Allectus Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Allectus Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Edward Way |