£271,441
This estimated value is based upon the latest sale price for the house of £252,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£252,000 | 5 Nov 2021 |
£225,000 | 27 Jun 2016 |
£165,000 | 23 Aug 2012 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £252,000 results in an estimated price of approximately £271,441.
5 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.0 | 7.715 % | £252,000 | £19,441 | £271,441 |
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 | -4.050 % | £-10,205 | £241,794 |
3 Month Average | -5.304 % | £-13,366 | £238,633 |
6 Month Average | -2.304 % | £-5,805 | £246,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £305,785 | £300,000 | 5 MCCLUSKEYS STREET |
7 Jul 2023 | £292,769 | £290,000 | 12 BROAD OAK LANE |
27 Jan 2023 | £329,605 | £332,500 | 49 COWPER CRESCENT |
4 Apr 2022 | £282,051 | £275,000 | 10 BROAD OAK LANE |
16 Feb 2022 | £326,394 | £312,500 | 4 MCCLUSKEYS STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Apr 2016. Using an estimated price of £271,441 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on BROAD OAK LANE is 84 sq meters (909 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mccluskeys Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mccluskeys Street |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mccluskeys Street |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mccluskeys Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mccluskeys Street |