£245,897
This estimated value is based upon the latest sale price for the house of £227,500 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£227,500 | 25 Jun 2021 |
£123,000 | 12 Aug 2003 |
£63,000 | 12 Mar 1999 |
£66,995 | 18 Jun 1998 |
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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £227,500 results in an estimated price of approximately £245,897.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £227,500 | £18,397 | £245,897 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -4.128 % | £-9,390 | £218,109 |
3 Month Average | -3.310 % | £-7,530 | £219,969 |
6 Month Average | -0.772 % | £-1,756 | £225,743 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Aug 2022 | £512,396 | £510,000 | 2 FELLOWES CLOSE |
25 May 2022 | £405,566 | £395,000 | 14 COEUR DE LION |
10 Dec 2021 | £388,551 | £360,000 | 17 THORNTON DRIVE |
25 Jun 2021 | £245,897 | £227,500 | 21 THORNTON DRIVE |
8 Sep 2020 | £526,315 | £440,000 | 28 THORNTON DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Nov 2018. Using an estimated price of £245,897 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on THORNTON DRIVE is 94 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Thornton Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |