£1,409,415
This estimated value is based upon the latest sale price for the house of £229,995 on 18 Nov 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £229,995 | 18 Nov 2024 |
| £175,000 | 4 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2024 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £229,995 results in an estimated price of approximately £1,409,415.
| 18 Nov 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £229,995 | £1,179,420 | £1,409,415 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 0.000 % | £0 | £229,995 |
| 3 Month Average | 0.000 % | £0 | £229,995 |
| 6 Month Average | 0.000 % | £0 | £229,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £240,000 | £240,000 | 1 TOWSE CLOSE |
| 22 Nov 2023 | £282,162 | £275,000 | 104 CLOES LANE |
| 13 Oct 2023 | £252,740 | £247,000 | 31 DEDHAM AVENUE |
| 24 Aug 2023 | £427,714 | £420,000 | 80 CLOES LANE |
| 10 Nov 2022 | £258,790 | £260,000 | 11 TOWSE CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Jul 2020.
The average size of a house on CLOES LANE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dedham Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dedham Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dedham Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dedham Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dedham Avenue |