£281,198
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 15 Sep 2023 |
| £200,000 | 11 Aug 2017 |
| £55,095 | 13 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £275,000 results in an estimated price of approximately £281,198.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £275,000 | £6,198 | £281,198 |
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 | 7.446 % | £20,475 | £295,475 |
| 3 Month Average | -0.233 % | £-640 | £274,359 |
| 6 Month Average | 6.069 % | £16,689 | £291,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £390,000 | £390,000 | 27 LOUVAIN ROAD |
| 30 Nov 2023 | £312,944 | £305,000 | 4 BRUSSELS CLOSE |
| 15 Sep 2023 | £281,199 | £275,000 | 23 BRUSSELS CLOSE |
| 19 Apr 2023 | £310,813 | £305,000 | 25 BRUSSELS CLOSE |
| 5 Apr 2023 | £366,862 | £360,000 | 9 BRUSSELS CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Mar 2017. Using an estimated price of £281,199 means this house is valued at £4,075 per sq meter (£378 per sq foot).
The average size of a house on BRUSSELS CLOSE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near West End Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Louvain Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bruges Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bruges Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bruges Close |