£496,644
This estimated value is based upon the latest sale price for the house of £500,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 31 Aug 2022 |
| £340,000 | 30 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £500,000 results in an estimated price of approximately £496,644.
| 31 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £500,000 | £-3,355 | £496,644 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -19.082 % | £-95,412 | £404,587 |
| 3 Month Average | 1.291 % | £6,454 | £506,454 |
| 6 Month Average | 2.452 % | £12,260 | £512,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Feb 2023 | £448,877 | £451,000 | 8 PODIUM CLOSE |
| 16 Jan 2023 | £376,691 | £380,000 | 268 MILL ROAD |
| 30 Sep 2022 | £311,215 | £315,000 | 283 MILL ROAD |
| 31 Aug 2022 | £496,644 | £500,000 | 19 OLYMPIC BOULEVARD |
| 10 May 2022 | £329,904 | £325,000 | 8 WEETMANS DRIVE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 27 Nov 2013. Using an estimated price of £496,644 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on OLYMPIC BOULEVARD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Courage Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Weetmans Drive |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Oxley Parker Drive |
| Apr 2024 | Anti-social behaviour | On or near Comyns Close |