£326,576
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 29 Mar 2016 |
| £190,000 | 5 Apr 2013 |
| £162,995 | 21 Mar 2003 |
| £79,950 | 29 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £240,000 results in an estimated price of approximately £326,576.
| 29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £240,000 | £86,576 | £326,576 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 43.388 % | £104,130 | £344,130 |
| 3 Month Average | 23.691 % | £56,857 | £296,857 |
| 6 Month Average | 25.916 % | £62,198 | £302,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £371,704 | £365,000 | 5 BIRCH DRIVE |
| 14 Jun 2023 | £326,544 | £320,000 | 84 BEECH AVENUE |
| 3 Feb 2023 | £357,387 | £355,000 | 21 BEECH AVENUE |
| 31 Aug 2022 | £364,705 | £363,000 | 15 BEECH AVENUE |
| 9 Feb 2022 | £290,526 | £275,000 | 101 HAWTHORN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Oct 2012. Using an estimated price of £326,577 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on PEAR TREE CLOSE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Apple Tree Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Apple Tree Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Birch Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winston Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Winston Way |