£238,491
This estimated value is based upon the latest sale price for the house of £170,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£170,000 | 6 Nov 2015 |
£164,000 | 3 Jul 2006 |
£130,000 | 10 Jun 2004 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £170,000 results in an estimated price of approximately £238,491.
6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £170,000 | £68,491 | £238,491 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 13.972 % | £23,751 | £193,751 |
3 Month Average | 29.206 % | £49,650 | £219,650 |
6 Month Average | 39.257 % | £66,737 | £236,737 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £295,062 | £292,500 | 30 VENTNOR DRIVE |
15 Mar 2024 | £206,168 | £203,000 | 20 LYMINGTON AVENUE |
17 Aug 2023 | £315,694 | £310,000 | 2 VENTNOR DRIVE |
10 Feb 2023 | £100,672 | £100,000 | 61 WOODLANDS CLOSE |
27 Jun 2022 | £275,898 | £270,000 | 57 WOODLANDS CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Mar 2015. Using an estimated price of £238,492 means this house is valued at £2,773 per sq meter (£257 per sq foot).
The average size of a house on VENTNOR DRIVE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Under investigation | On or near Ryde Avenue |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Lymington Avenue |
May 2024 | Other crime | Unable to prosecute suspect | On or near St Helens Avenue |
May 2024 | Criminal damage and arson | Local resolution | On or near Totlands Drive |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Carisbrooke Avenue |