£429,872
This estimated value is based upon the latest sale price for the house of £340,000 on 10 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 10 Jan 2018 |
| £53,500 | 1 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 952 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £340,000 results in an estimated price of approximately £429,872.
| 10 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £340,000 | £89,872 | £429,872 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 9.581 % | £32,575 | £372,575 |
| 3 Month Average | 13.276 % | £45,138 | £385,138 |
| 6 Month Average | 12.958 % | £44,056 | £384,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £223,678 | £218,000 | 105 AYLESBURY DRIVE |
| 6 Apr 2023 | £270,051 | £265,000 | 193 FLEETWOOD AVENUE |
| 6 Mar 2023 | £152,548 | £150,000 | 4 HALL CRESCENT |
| 22 Oct 2021 | £144,907 | £130,000 | 32 HALL CRESCENT |
| 12 Oct 2021 | £306,534 | £275,000 | 8 SAXON WAY |
This house has a floor area of 88 sq meters or 952 sq feet when measured on 11 Apr 2011. Using an estimated price of £429,872 means this house is valued at £4,858 per sq meter (£451 per sq foot).
The average size of a house on VIKING WAY is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grendel Way |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grendel Way |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Saxon Way |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Aylesbury Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sundale Close |