£256,417
This estimated value is based upon the latest sale price for the house of £142,500 on 17 Jul 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £142,500 | 17 Jul 2009 |
| £130,000 | 11 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 673 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 July 2009 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £142,500 results in an estimated price of approximately £256,417.
| 17 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.942 % | £142,500 | £113,917 | £256,417 |
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 | 43.727 % | £62,310 | £204,810 |
| 3 Month Average | 49.112 % | £69,984 | £212,484 |
| 6 Month Average | 81.880 % | £116,678 | £259,178 |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 13 Feb 2009.
The average size of a house on RICHARDS CLOSE is 61 sq meters (658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Richards Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richards Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richards Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Richards Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richards Close |