£462,461
This estimated value is based upon the latest sale price for the house of £205,000 on 17 Oct 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£205,000 | 17 Oct 2003 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 October 2003 the House Price Index for ESSEX was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £205,000 results in an estimated price of approximately £462,461.
17 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £205,000 | £257,461 | £462,461 |
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 | 103.156 % | £211,469 | £416,469 |
3 Month Average | 92.446 % | £189,514 | £394,514 |
6 Month Average | 98.038 % | £200,977 | £405,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £474,509 | £465,000 | 91 LONDON ROAD |
17 May 2022 | £346,014 | £337,000 | 18 HALSTEAD ROAD |
15 Dec 2021 | £420,930 | £390,000 | 7 TUSSET MEWS |
15 Nov 2021 | £256,037 | £235,000 | 65 LONDON ROAD |
21 Sep 2021 | £298,532 | £275,000 | 17 MELLOR CHASE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Sep 2014. Using an estimated price of £462,462 means this house is valued at £5,505 per sq meter (£511 per sq foot).
The average size of a house on MELLOR CHASE is 102 sq meters (1,105 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other crime | Investigation complete; no suspect identified | On or near Cadenhouse Mews |
Nov 2024 | Anti-social behaviour | On or near Cadenhouse Mews | |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cadenhouse Mews |
Aug 2024 | Anti-social behaviour | On or near Cadenhouse Mews | |
Aug 2024 | Anti-social behaviour | On or near Cadenhouse Mews |