£186,102
This estimated value is based upon the latest sale price for the house of £182,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £182,000 | 22 Sep 2023 |
| £152,500 | 7 Aug 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £182,000 results in an estimated price of approximately £186,102.
| 22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £182,000 | £4,102 | £186,102 |
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 | -8.257 % | £-15,027 | £166,972 |
| 3 Month Average | -7.480 % | £-13,613 | £168,386 |
| 6 Month Average | -1.722 % | £-3,133 | £178,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £211,499 | £205,000 | 2 RICHARDS CLOSE |
| 30 Nov 2023 | £200,079 | £195,000 | 8 RICHARDS CLOSE |
| 22 Sep 2023 | £186,102 | £182,000 | 2A SPINKS LANE |
| 23 Mar 2023 | £238,991 | £235,000 | 6 HOME BRIDGE COURT HATFIELD ROAD |
| 6 Jan 2023 | £285,764 | £285,000 | 29 HOME BRIDGE COURT HATFIELD ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 3 Sep 2013. Using an estimated price of £186,102 means this house is valued at £4,897 per sq meter (£454 per sq foot).
The average size of a house on SPINKS LANE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tucker Drive |
| Jul 2024 | Anti-social behaviour | On or near Tucker Drive | |
| Jul 2024 | Anti-social behaviour | On or near Tucker Drive | |
| Jul 2024 | Anti-social behaviour | On or near Tucker Drive | |
| Jul 2024 | Anti-social behaviour | On or near Tucker Drive |