£250,010
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Jun 2023 |
| £200,000 | 30 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 June 2023 the House Price Index for ESSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £245,000 results in an estimated price of approximately £250,010.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £245,000 | £5,010 | £250,010 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | -28.063 % | £-68,753 | £176,246 |
| 3 Month Average | 2.960 % | £7,252 | £252,252 |
| 6 Month Average | 5.743 % | £14,071 | £259,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £261,536 | £253,500 | 31 ARTHUR RANSOME WAY |
| 30 Jun 2023 | £250,010 | £245,000 | 25 SKIPPERS WAY |
| 4 Nov 2022 | £288,650 | £290,000 | MARTELLO OFFICE SITE ARTHUR RANSOME WAY |
| 8 Sep 2022 | £234,843 | £235,000 | 28 ARTHUR RANSOME WAY |
| 17 Aug 2022 | £411,926 | £410,000 | 15 SKIPPERS WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Jun 2019. Using an estimated price of £250,010 means this house is valued at £3,906 per sq meter (£362 per sq foot).
The average size of a house on SKIPPERS WAY is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Skippers Way |
| Jul 2024 | Other theft | Under investigation | On or near Supermarket |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |