£327,554
This estimated value is based upon the latest sale price for the house of £194,000 on 10 Sep 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £194,000 | 10 Sep 2010 |
| £147,750 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.842%.Applying this 68.842% change to the original purchase price of £194,000 results in an estimated price of approximately £327,554.
| 10 Sep 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.0 | 68.842 % | £194,000 | £133,554 | £327,554 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 54.450 % | £105,632 | £299,632 |
| 3 Month Average | 67.894 % | £131,713 | £325,713 |
| 6 Month Average | 69.323 % | £134,486 | £328,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £321,074 | £315,000 | 25 VALENS CLOSE |
| 18 Aug 2023 | £347,111 | £345,000 | 2 FREEMAN CLOSE |
| 20 Jul 2023 | £343,247 | £340,000 | 2 CARACALLA WAY |
| 1 Sep 2022 | £172,897 | £175,000 | 38 CARACALLA WAY |
| 8 Jun 2022 | £383,891 | £380,000 | 4 CARACALLA WAY |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 26 Apr 2010. Using an estimated price of £327,554 means this house is valued at £3,738 per sq meter (£347 per sq foot).
The average size of a house on CARACALLA WAY is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Valens Close | |
| Mar 2024 | Anti-social behaviour | On or near Valens Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Caracalla Way |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Caracalla Way |
| Jan 2024 | Anti-social behaviour | On or near Caracalla Way |