£363,589
This estimated value is based upon the latest sale price for the house of £212,000 on 29 Feb 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£212,000 | 29 Feb 2012 |
£59,000 | 30 Jun 1998 |
£84,000 | 16 Oct 1996 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,176 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 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £212,000 results in an estimated price of approximately £363,589.
29 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £212,000 | £151,589 | £363,589 |
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 | 123.711 % | £262,266 | £474,266 |
3 Month Average | 44.842 % | £95,065 | £307,065 |
6 Month Average | 57.385 % | £121,656 | £333,656 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £232,000 | £232,000 | 31 THE DRIVE |
25 Aug 2023 | £290,542 | £288,000 | 140B BURRS ROAD |
17 Mar 2023 | £368,471 | £365,000 | 15 GREENVIEW PARK |
17 Nov 2022 | £410,033 | £415,000 | 121 BURRS ROAD |
6 Sep 2022 | £447,387 | £451,000 | 109 CHILBURN ROAD |
This house has a floor area of 109 sq meters or 1,176 sq feet when measured on 19 Apr 2011. Using an estimated price of £363,590 means this house is valued at £3,327 per sq meter (£309 per sq foot).
The average size of a house on GREENVIEW PARK is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |
Feb 2024 | Anti-social behaviour | On or near Meadow Close | |
Feb 2024 | Anti-social behaviour | On or near Meadow Close | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Andover Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Andover Close |