£396,017
This estimated value is based upon the latest sale price for the house of £230,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£230,000 | 2 Mar 2012 |
Detached |
Freehold |
Floor Area: 90 sq meters or 978 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 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £230,000 results in an estimated price of approximately £396,017.
2 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £230,000 | £166,017 | £396,017 |
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 | 65.944 % | £151,670 | £381,670 |
3 Month Average | 65.295 % | £150,178 | £380,178 |
6 Month Average | 66.950 % | £153,985 | £383,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £190,865 | £185,000 | 29 WRYNECK CLOSE |
16 Feb 2023 | £226,513 | £225,000 | 162 TURNER ROAD |
13 Jan 2023 | £225,603 | £225,000 | 23 WRYNECK CLOSE |
5 May 2022 | £189,949 | £185,000 | 5 LINNET MEWS |
5 Nov 2021 | £193,390 | £177,500 | 3 LINNET MEWS |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 15 Nov 2011. Using an estimated price of £396,018 means this house is valued at £4,356 per sq meter (£404 per sq foot).
The average size of a house on WRYNECK CLOSE is 69 sq meters (751 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wryneck Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wryneck Close |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wryneck Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Wryneck Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Wryneck Close |