£277,865
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Jul 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Jul 2021 |
| £60,000 | 17 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2021 the House Price Index for ESSEX was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £240,000 results in an estimated price of approximately £277,865.
| 12 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £240,000 | £37,865 | £277,865 |
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 | -0.724 % | £-1,737 | £238,262 |
| 3 Month Average | -15.732 % | £-37,755 | £202,244 |
| 6 Month Average | -11.315 % | £-27,156 | £212,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £158,602 | £155,000 | 31 SILLET CLOSE |
| 14 Jun 2023 | £257,153 | £252,000 | 20 COTMAN ROAD |
| 17 Nov 2022 | £303,580 | £305,000 | 21 MUNNINGS DRIVE |
| 29 Jul 2022 | £262,632 | £260,000 | 46 COTMAN ROAD |
| 6 May 2022 | £233,585 | £227,500 | 10 TURNER CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Aug 2018. Using an estimated price of £277,865 means this house is valued at £3,388 per sq meter (£314 per sq foot).
The average size of a house on COTMAN ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Turner Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Middleton Close |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cotman Road |
| Sep 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Sillett Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reigate Avenue |