£308,235
This estimated value is based upon the latest sale price for the house of £187,000 on 17 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £187,000 | 17 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,457 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 October 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £187,000 results in an estimated price of approximately £308,235.
| 17 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £187,000 | £121,235 | £308,235 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 79.060 % | £147,842 | £334,842 |
| 3 Month Average | 57.317 % | £107,182 | £294,182 |
| 6 Month Average | 71.703 % | £134,085 | £321,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £192,500 | £192,500 | 5 PELHAM CLOSE |
| 10 Jun 2024 | £200,000 | £200,000 | 26 KILMAINE ROAD |
| 15 Apr 2024 | £176,533 | £175,000 | 31 PELHAM CLOSE |
| 10 Nov 2023 | £72,849 | £71,000 | 16 OAKHAVEN GRAVEL HILL WAY |
| 27 Oct 2023 | £227,671 | £222,500 | 28 FRESHFIELDS |
This house has a floor area of 135 sq meters or 1,457 sq feet when measured on 22 Feb 2011. Using an estimated price of £308,235 means this house is valued at £2,276 per sq meter (£211 per sq foot).
The average size of a house on GRAVEL HILL WAY is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Freshfields |
| Nov 2024 | Public order | Under investigation | On or near Kilmaine Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kilmaine Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Oakview |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbott Road |