£534,503
This estimated value is based upon the latest sale price for the house of £435,000 on 16 Jan 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 St Johns Green, Writtle, CM1 3DZ
Phone: 01245679378
Price Paid | Date |
---|---|
£435,000 | 16 Jan 2020 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 January 2020 the House Price Index for ESSEX was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £435,000 results in an estimated price of approximately £534,503.
16 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £435,000 | £99,503 | £534,503 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | -0.845 % | £-3,675 | £431,324 |
3 Month Average | 11.680 % | £50,808 | £485,808 |
6 Month Average | 0.283 % | £1,228 | £436,228 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £345,000 | £345,000 | 54 CLYDE CRESCENT |
18 Dec 2023 | £557,119 | £540,000 | 105 CHIGNAL ROAD |
27 Nov 2023 | £232,502 | £226,600 | 23 MEDWAY CLOSE |
17 Mar 2023 | £465,779 | £458,000 | 35 CHIGNAL ROAD |
16 Mar 2023 | £752,568 | £740,000 | 93 CHIGNAL ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 10 Jul 2019. Using an estimated price of £534,503 means this house is valued at £4,772 per sq meter (£443 per sq foot).
The average size of a house on AVON ROAD is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Medway Close |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Medway Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Medway Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medway Close |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Medway Close |