£274,269
This estimated value is based upon the latest sale price for the house of £128,500 on 24 Feb 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £128,500 | 24 Feb 2004 |
| £104,950 | 18 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 February 2004 the House Price Index for ESSEX was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £128,500 results in an estimated price of approximately £274,269.
| 24 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £128,500 | £145,769 | £274,269 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 93.266 % | £119,846 | £248,346 |
| 3 Month Average | 93.435 % | £120,063 | £248,563 |
| 6 Month Average | 98.367 % | £126,401 | £254,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £267,000 | £267,000 | 35 OUSE CHASE |
| 15 Dec 2023 | £274,433 | £266,000 | 61 HUMBER ROAD |
| 24 Nov 2023 | £297,553 | £290,000 | 27 MEDWAY AVENUE |
| 1 Sep 2023 | £276,086 | £270,000 | 33 NESS WALK |
| 1 Sep 2023 | £167,494 | £163,802 | 31 NESS WALK |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 21 May 2013. Using an estimated price of £274,270 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on TEIGN DRIVE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teign Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Helford Court |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ouse Chase |