£205,209
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 8 Nov 2023 |
| £184,000 | 2 Jun 2017 |
| £108,000 | 7 Nov 2008 |
| £44,200 | 4 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £200,000 results in an estimated price of approximately £205,209.
| 8 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £200,000 | £5,209 | £205,209 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -22.590 % | £-45,179 | £154,820 |
| 3 Month Average | -0.329 % | £-658 | £199,341 |
| 6 Month Average | -6.501 % | £-13,001 | £186,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £253,901 | £250,000 | 15 FELIXSTOWE CLOSE |
| 17 Nov 2023 | £256,511 | £250,000 | 10 SAXMUNDHAM WAY |
| 8 Nov 2023 | £205,209 | £200,000 | 27 WRITTLE CLOSE |
| 25 Sep 2023 | £270,973 | £265,000 | 9 FARMERS WAY |
| 23 Jun 2023 | £326,544 | £320,000 | 17 FARMERS WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 31 May 2018. Using an estimated price of £205,209 means this house is valued at £2,305 per sq meter (£214 per sq foot).
There is one other house on the street which we know the size of, this is 17 WRITTLE CLOSE it is 101.4
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maldon Way |
| Aug 2024 | Drugs | Local resolution | On or near Maldon Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ongar Close |