£490,861
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Marlowe Close
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| Price Paid | Date |
|---|---|
| £300,000 | 25 Oct 2013 |
| £250,000 | 31 May 2007 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 October 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £300,000 results in an estimated price of approximately £490,861.
| 25 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £300,000 | £190,861 | £490,861 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 15.963 % | £47,888 | £347,888 |
| 3 Month Average | 31.636 % | £94,906 | £394,906 |
| 6 Month Average | 47.907 % | £143,722 | £443,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £356,233 | £350,000 | 29 BLYTHE WAY |
| 22 Sep 2023 | £557,123 | £550,000 | 2 MARINERS WAY |
| 25 Feb 2022 | £367,043 | £350,000 | 31 BLYTHE WAY |
| 28 Jun 2021 | £616,931 | £575,000 | 37 MARINERS WAY |
| 24 Nov 2020 | £602,864 | £520,000 | 31 MARINERS WAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 28 Jun 2016. Using an estimated price of £490,862 means this house is valued at £4,587 per sq meter (£426 per sq foot).
The average size of a house on MARINERS WAY is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Marlowe Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dryden Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dryden Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Browning Road |
| Dec 2023 | Anti-social behaviour | On or near Tennyson Road |