£231,964
This estimated value is based upon the latest sale price for the house of £190,000 on 29 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 29 Apr 2019 |
| £144,000 | 18 Jan 2007 |
| £114,995 | 30 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £190,000 results in an estimated price of approximately £231,964.
| 29 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £190,000 | £41,964 | £231,964 |
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 | -22.202 % | £-42,184 | £147,815 |
| 3 Month Average | -23.567 % | £-44,777 | £145,222 |
| 6 Month Average | -5.654 % | £-10,742 | £179,257 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Oct 2013.
The average size of a house on RAVEL AVENUE is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maltings Lane |
| Dec 2023 | Drugs | Local resolution | On or near Maltings Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stainer Close |
| Mar 2024 | Anti-social behaviour | On or near Britten Crescent | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Britten Crescent |