£355,461
This estimated value is based upon the latest sale price for the house of £350,000 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£350,000 | 1 Mar 2024 |
£275,000 | 27 Aug 2020 |
£125,000 | 22 May 2009 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2024 the House Price Index for ESSEX was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £350,000 results in an estimated price of approximately £355,461.
1 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £350,000 | £5,461 | £355,461 |
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 | -30.376 % | £-106,315 | £243,684 |
3 Month Average | 9.727 % | £34,044 | £384,044 |
6 Month Average | 2.663 % | £9,320 | £359,320 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £355,461 | £350,000 | 24 HILLCREST |
6 Nov 2023 | £256,511 | £250,000 | 20 CRAIGFIELD AVENUE |
6 Oct 2023 | £304,414 | £297,500 | 3 HILLCREST |
18 Sep 2023 | £241,320 | £236,000 | 58 CRAIGFIELD AVENUE |
1 Jul 2022 | £252,530 | £250,000 | 53 CRAIGFIELD AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Nov 2019. Using an estimated price of £355,461 means this house is valued at £3,993 per sq meter (£371 per sq foot).
The average size of a house on HILLCREST is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Local resolution | On or near Hillcrest |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thrushdale |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Thrushdale |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thrushdale |
Sep 2024 | Theft from the person | Under investigation | On or near Thrushdale |