£196,064
This estimated value is based upon the latest sale price for the house of £130,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 24 Oct 2014 |
| £31,000 | 17 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £130,000 results in an estimated price of approximately £196,064.
| 24 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £130,000 | £66,064 | £196,064 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 44.587 % | £57,963 | £187,963 |
| 3 Month Average | 47.724 % | £62,040 | £192,040 |
| 6 Month Average | 44.725 % | £58,142 | £188,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 12 SYCAMORE WAY |
| 24 Mar 2023 | £221,702 | £218,000 | 16 WALNUT WAY |
| 2 Aug 2022 | £195,916 | £195,000 | 30 ALMOND CLOSE |
| 14 Apr 2022 | £197,110 | £190,000 | 9 WALNUT WAY |
| 22 Feb 2022 | £216,574 | £205,000 | 121 STANLEY ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 30 Jan 2019. Using an estimated price of £196,064 means this house is valued at £1,675 per sq meter (£155 per sq foot).
The average size of a house on WALNUT WAY is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |