£643,125
This estimated value is based upon the latest sale price for the house of £485,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2-4 Highbridge Street, Waltham Abbey, EN9 1DT
Phone: 01992800784
Price Paid | Date |
---|---|
£485,000 | 26 Aug 2016 |
£345,000 | 18 Jul 2006 |
£109,000 | 6 Dec 1996 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £485,000 results in an estimated price of approximately £643,125.
26 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.0 | 32.603 % | £485,000 | £158,125 | £643,125 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 29.458 % | £142,873 | £627,873 |
3 Month Average | 13.778 % | £66,820 | £551,820 |
6 Month Average | 22.689 % | £110,041 | £595,041 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £292,769 | £290,000 | 1 POWDERMILL LANE |
28 Jun 2023 | £436,035 | £432,500 | 2 POWDERMILL MEWS |
24 Apr 2023 | £282,097 | £280,000 | 7 POWDERMILL LANE |
3 Apr 2023 | £604,493 | £600,000 | 4 CANNON MEWS |
5 Jan 2023 | £292,431 | £295,000 | 21 WINCHESTER CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 1 Jul 2020. Using an estimated price of £643,125 means this house is valued at £5,145 per sq meter (£477 per sq foot).
The average size of a house on POWDERMILL LANE is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Powdermill Mews |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powdermill Mews |
Feb 2024 | Anti-social behaviour | On or near Powdermill Mews | |
Feb 2024 | Anti-social behaviour | On or near Powdermill Mews | |
Feb 2024 | Anti-social behaviour | On or near Powdermill Mews |