£354,456
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Nov 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£235,000 | 24 Nov 2014 |
Detached |
Freehold |
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 2014 the House Price Index for ESSEX was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £235,000 results in an estimated price of approximately £354,456.
24 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £235,000 | £119,456 | £354,456 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 29.772 % | £69,964 | £304,964 |
3 Month Average | 45.347 % | £106,565 | £341,565 |
6 Month Average | 48.639 % | £114,302 | £349,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £368,115 | £360,000 | 8 ANGORA BUSINESS PARK |
24 Mar 2023 | £340,690 | £335,000 | 19 WODEN AVENUE |
17 Mar 2023 | £162,717 | £160,000 | 77 WEYLAND DRIVE |
19 Jan 2023 | £347,930 | £347,000 | 6 RADVALD CHASE |
17 Mar 2022 | £177,469 | £170,000 | 45 WEYLAND DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Vehicle crime | Under investigation | On or near Shopping Area |
Aug 2024 | Drugs | Awaiting court outcome | On or near Shopping Area |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Nov 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |