£645,014
This estimated value is based upon the latest sale price for the house of £525,000 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £525,000 | 13 Dec 2018 |
| £350,000 | 10 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £525,000 results in an estimated price of approximately £645,014.
| 13 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £525,000 | £120,014 | £645,014 |
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 | -24.909 % | £-130,771 | £394,228 |
| 3 Month Average | 8.599 % | £45,145 | £570,145 |
| 6 Month Average | 10.517 % | £55,216 | £580,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £724,405 | £720,000 | 35 FERNLEA |
| 1 Jul 2022 | £619,163 | £620,000 | 14 ACHNACONE DRIVE |
| 24 Feb 2022 | £631,898 | £605,000 | 13 ACHNACONE DRIVE |
| 17 Feb 2022 | £757,234 | £725,000 | 15 KEEPERS GREEN |
| 16 Sep 2021 | £1,448,876 | £1,350,000 | 66 BRAISWICK |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 12 Jun 2018. Using an estimated price of £645,014 means this house is valued at £4,479 per sq meter (£416 per sq foot).
The average size of a house on ACHNACONE DRIVE is 207 sq meters (2,232 sq feet).
This house is the smallest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Burywoods |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anemone Court |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Gentian Court |
| Apr 2024 | Other theft | Under investigation | On or near Fan Avenue |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Axial Drive |