£673,481
This estimated value is based upon the latest sale price for the house of £455,000 on 1 Apr 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £455,000 | 1 Apr 2015 |
| £400,000 | 1 Jun 2012 |
| £330,000 | 4 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,699 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 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £455,000 results in an estimated price of approximately £673,481.
| 1 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £455,000 | £218,481 | £673,481 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 68.355 % | £311,013 | £766,013 |
| 3 Month Average | 50.810 % | £231,185 | £686,185 |
| 6 Month Average | 49.388 % | £224,715 | £679,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £360,000 | £360,000 | 12 DUGARD AVENUE |
| 15 Jul 2024 | £157,500 | £157,500 | 77 PARR DRIVE |
| 20 Dec 2023 | £835,679 | £810,000 | 126 STRAIGHT ROAD |
| 23 Nov 2023 | £384,767 | £375,000 | 275 STRAIGHT ROAD |
| 5 Oct 2023 | £414,412 | £405,000 | 10 WORTHINGTON WAY |
This house has a floor area of 157 sq meters or 1,699 sq feet when measured on 9 Nov 2011. Using an estimated price of £673,482 means this house is valued at £4,266 per sq meter (£396 per sq foot).
The average size of a house on STRAIGHT ROAD is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Parr Drive | |
| Sep 2024 | Anti-social behaviour | On or near Parr Drive | |
| Sep 2024 | Anti-social behaviour | On or near Parr Drive | |
| Aug 2024 | Other crime | Under investigation | On or near Worthington Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Dugard Avenue |