£416,926
This estimated value is based upon the latest sale price for the house of £285,000 on 4 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 4, Church Langley Way, Church Langley, Harlow, Chelmsford, CM17 9TE
Phone: 01279956522
| Price Paid | Date |
|---|---|
| £285,000 | 4 Jun 2015 |
| £237,500 | 19 Jun 2006 |
| £99,950 | 2 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £285,000 results in an estimated price of approximately £416,926.
| 4 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £285,000 | £131,926 | £416,926 |
The Postcode Pricing Model uses changes in average sales price within the CM17 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 | 26.843 % | £76,502 | £361,502 |
| 3 Month Average | 45.487 % | £129,639 | £414,639 |
| 6 Month Average | 41.536 % | £118,376 | £403,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £528,832 | £520,000 | 11 ELWOOD |
| 1 Mar 2023 | £464,762 | £457,000 | 49 ELWOOD |
| 14 Oct 2022 | £553,152 | £555,000 | 52 HEATHCOTE GARDENS |
| 15 Jul 2022 | £409,099 | £405,000 | 20 ELWOOD |
| 21 Jan 2022 | £330,782 | £312,000 | 43 ELWOOD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Oct 2009. Using an estimated price of £416,926 means this house is valued at £5,211 per sq meter (£484 per sq foot).
The average size of a house on ELWOOD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Elwood | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elwood |
| Sep 2024 | Anti-social behaviour | On or near Elwood | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathcote Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Heathcote Gardens |