£315,015
This estimated value is based upon the latest sale price for the house of £255,000 on 3 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £255,000 | 3 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £255,000 results in an estimated price of approximately £315,015.
| 3 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £255,000 | £60,015 | £315,015 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 34.268 % | £87,384 | £342,384 |
| 3 Month Average | 27.044 % | £68,961 | £323,961 |
| 6 Month Average | 18.464 % | £47,084 | £302,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £252,416 | £248,000 | 7 PIGHTLE WAY |
| 1 Dec 2023 | £442,747 | £435,000 | 1 WOODFIELD CLOSE |
| 29 Nov 2023 | £253,757 | £250,000 | 100 ROCHFORD WAY |
| 14 Jul 2023 | £283,769 | £279,950 | 6 LUMBER LEYS |
| 10 Mar 2023 | £309,920 | £307,000 | 4 STABLEFIELD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Jul 2018. Using an estimated price of £315,016 means this house is valued at £3,247 per sq meter (£301 per sq foot).
The average size of a house on WOODFIELD CLOSE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Harrods |
| Mar 2024 | Public order | Under investigation | On or near Rochford Way |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Luff Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rochford Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rochford Way |