£379,582
This estimated value is based upon the latest sale price for the house of £305,000 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£305,000 | 27 Mar 2019 |
£71,000 | 22 May 1997 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £305,000 results in an estimated price of approximately £379,582.
27 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £305,000 | £74,582 | £379,582 |
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 | 9.627 % | £29,363 | £334,363 |
3 Month Average | 18.312 % | £55,851 | £360,851 |
6 Month Average | 8.746 % | £26,673 | £331,673 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £358,110 | £355,000 | 4 GILDERDALE CLOSE |
20 Oct 2023 | £358,134 | £350,000 | 31 GILDERDALE CLOSE |
30 Aug 2023 | £417,531 | £410,000 | 7 ROCKINGHAM CLOSE |
18 Aug 2023 | £325,878 | £320,000 | 24 GILDERDALE CLOSE |
12 Jan 2023 | £431,152 | £430,000 | 12 KILDERMORIE CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 31 Jul 2018. Using an estimated price of £379,582 means this house is valued at £3,953 per sq meter (£367 per sq foot).
The average size of a house on GILDERDALE CLOSE is 103 sq meters (1,112 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rockingham Close |
Apr 2024 | Other theft | Under investigation | On or near Rockingham Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Braemore Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Braemore Close |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Cyrus Road |