£464,687
This estimated value is based upon the latest sale price for the house of £320,000 on 11 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 11 Jun 2015 |
| £295,000 | 25 Jun 2007 |
| £187,995 | 24 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £320,000 results in an estimated price of approximately £464,687.
| 11 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £320,000 | £144,687 | £464,687 |
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 | 48.666 % | £155,730 | £475,730 |
| 3 Month Average | 31.242 % | £99,972 | £419,972 |
| 6 Month Average | 51.344 % | £164,300 | £484,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £471,988 | £465,000 | 18 BULLFINCH CLOSE |
| 11 Sep 2023 | £293,756 | £290,000 | 10 GREENFINCH END |
| 25 Aug 2023 | £226,986 | £225,000 | 5 KINGFISHER CLOSE |
| 4 Aug 2023 | £270,365 | £268,000 | 21 KINGFISHER CLOSE |
| 28 Jul 2023 | £233,138 | £230,000 | 20 KINGFISHER CLOSE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 15 Jan 2015. Using an estimated price of £464,688 means this house is valued at £3,295 per sq meter (£306 per sq foot).
The average size of a house on GREENFINCH END is 137 sq meters (1,475 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bullfinch Close |