£202,391
This estimated value is based upon the latest sale price for the house of £155,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 31 Mar 2017 |
| £102,500 | 9 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 643 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 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £155,000 results in an estimated price of approximately £202,391.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £155,000 | £47,391 | £202,391 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | -18.766 % | £-29,087 | £125,912 |
| 3 Month Average | 18.379 % | £28,487 | £183,487 |
| 6 Month Average | 26.297 % | £40,759 | £195,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £510,000 | £510,000 | THE COTTAGE LAYER ROAD |
| 1 Dec 2023 | £275,464 | £267,000 | 11 LORDSWOOD ROAD |
| 2 Oct 2023 | £250,694 | £245,000 | 3 RANGOON CLOSE |
| 25 Aug 2023 | £234,224 | £230,000 | 3 ELMWOOD AVENUE |
| 16 Jun 2023 | £280,624 | £275,000 | 27 ELMWOOD AVENUE |
This house has a floor area of 59 sq meters or 643 sq feet when measured on 28 Oct 2010. Using an estimated price of £202,392 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on ELMWOOD AVENUE is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Rangoon Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rangoon Close |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Littlefield Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Layer Road |