£349,744
This estimated value is based upon the latest sale price for the house of £74,500 on 26 Jun 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£74,500 | 26 Jun 1998 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 1998 the House Price Index for ESSEX was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £74,500 results in an estimated price of approximately £349,744.
26 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £74,500 | £275,244 | £349,744 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 282.504 % | £210,465 | £284,965 |
3 Month Average | 303.616 % | £226,194 | £300,694 |
6 Month Average | 403.498 % | £300,605 | £375,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £198,403 | £196,000 | 94 CONSTANCE CLOSE |
28 Apr 2023 | £192,068 | £190,000 | 118 CONSTANCE CLOSE |
2 Mar 2023 | £333,139 | £330,000 | 1 CARRAWAYS |
20 Jan 2023 | £323,476 | £325,000 | 156 CONSTANCE CLOSE |
30 Aug 2022 | £304,181 | £305,000 | 164 CONSTANCE CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Jan 2019. Using an estimated price of £349,745 means this house is valued at £6,030 per sq meter (£560 per sq foot).
The average size of a house on CARRAWAYS is 66 sq meters (717 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carraways |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carraways |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Carraways |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carraways |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carraways |