£241,656
This estimated value is based upon the latest sale price for the house of £157,000 on 29 Jul 2014. 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 |
|---|---|
| £157,000 | 29 Jul 2014 |
| £137,000 | 16 Sep 2005 |
| £118,500 | 27 May 2003 |
| £57,500 | 15 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £157,000 results in an estimated price of approximately £241,656.
| 29 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £157,000 | £84,656 | £241,656 |
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 | 77.970 % | £122,412 | £279,412 |
| 3 Month Average | 64.272 % | £100,906 | £257,906 |
| 6 Month Average | 64.861 % | £101,832 | £258,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £330,071 | £325,000 | 46 VICTORIA GATE |
| 13 Dec 2023 | £334,272 | £324,000 | 138 HADLEY GRANGE |
| 3 Nov 2023 | £205,209 | £200,000 | 43 VICTORIA GATE |
| 21 Aug 2023 | £229,133 | £225,000 | 38 VICTORIA GATE |
| 26 Aug 2022 | £236,606 | £235,500 | 124 HADLEY GRANGE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 22 Jun 2012. Using an estimated price of £241,657 means this house is valued at £4,647 per sq meter (£431 per sq foot).
The average size of a house on VICTORIA GATE is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Petrol Station |