£574,365
This estimated value is based upon the latest sale price for the house of £415,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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4 Forest Drive, Theydon Bois, CM16 7EY
Phone: 01992843672
Price Paid | Date |
---|---|
£415,000 | 11 Dec 2015 |
Semi-Detached |
Freehold |
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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £415,000 results in an estimated price of approximately £574,365.
11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £415,000 | £159,365 | £574,365 |
The Postcode Pricing Model uses changes in average sales price within the CM16 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 | 31.221 % | £129,568 | £544,568 |
3 Month Average | 17.299 % | £71,791 | £486,791 |
6 Month Average | 22.049 % | £91,503 | £506,503 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £1,463,715 | £1,445,000 | BALDOCKS ORCHARD DRIVE |
30 Aug 2023 | £605,295 | £600,000 | 31 BUXTON ROAD |
8 Aug 2023 | £857,502 | £850,000 | 2A ELIZABETH DRIVE |
18 Jul 2023 | £993,370 | £980,000 | 40 ORCHARD DRIVE |
14 Jul 2022 | £641,727 | £640,000 | 4 BARN MEAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Buxton Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buxton Road |
Dec 2023 | Drugs | Under investigation | On or near Buxton Road |
Mar 2024 | Burglary | Under investigation | On or near Morgan Crescent |
Mar 2024 | Burglary | Under investigation | On or near Forest Drive |