£104,009
This estimated value is based upon the latest sale price for the house of £101,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
Price Paid | Date |
---|---|
£101,000 | 1 Apr 2022 |
£76,000 | 26 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 517 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £101,000 results in an estimated price of approximately £104,009.
1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £101,000 | £3,009 | £104,009 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | -17.159 % | £-17,330 | £83,669 |
3 Month Average | -15.133 % | £-15,284 | £85,715 |
6 Month Average | -6.899 % | £-6,967 | £94,032 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £353,230 | £348,000 | 42 SADLERS MEAD |
16 Nov 2023 | £299,433 | £295,000 | 146 NICHOLLS FIELD |
10 Nov 2023 | £314,658 | £310,000 | 41 SADLERS MEAD |
22 Sep 2023 | £344,404 | £340,000 | 14 PURFORD GREEN |
17 Aug 2023 | £383,354 | £380,000 | 43 SADLERS MEAD |
This house has a floor area of 48 sq meters or 517 sq feet when measured on 13 May 2010. Using an estimated price of £104,010 means this house is valued at £2,162 per sq meter (£200 per sq foot).
The average size of a house on NICHOLLS FIELD is 68 sq meters (733 sq feet).