£308,850
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Oct 2019 |
| £188,000 | 7 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £250,000 results in an estimated price of approximately £308,850.
| 3 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £250,000 | £58,850 | £308,850 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 47.888 % | £119,720 | £369,720 |
| 3 Month Average | 12.657 % | £31,642 | £281,642 |
| 6 Month Average | 27.012 % | £67,530 | £317,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £271,159 | £265,000 | 26 WHINFIELD AVENUE |
| 8 Aug 2023 | £285,143 | £280,000 | 6 VAUX AVENUE |
| 14 Apr 2023 | £157,954 | £155,000 | 7 BEXLEY AVENUE |
| 10 Feb 2023 | £302,017 | £300,000 | 23 WHINFIELD AVENUE |
| 13 Jan 2022 | £413,477 | £390,000 | 6 WHINFIELD AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Sep 2017. Using an estimated price of £308,850 means this house is valued at £5,325 per sq meter (£494 per sq foot).
The average size of a house on VAUX AVENUE is 78 sq meters (840 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gravel Hill Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gravel Hill Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gravel Hill Way |
| Aug 2024 | Other crime | Under investigation | On or near Gravel Hill Way |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaffinch Drive |