£309,918
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
| Price Paid | Date |
|---|---|
| £250,000 | 23 Aug 2019 |
| £248,000 | 30 May 2017 |
| £160,000 | 27 Jun 2008 |
| £52,000 | 28 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £250,000 results in an estimated price of approximately £309,918.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £250,000 | £59,918 | £309,918 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | -7.444 % | £-18,610 | £231,389 |
| 3 Month Average | -0.476 % | £-1,188 | £248,811 |
| 6 Month Average | 0.761 % | £1,901 | £251,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £330,000 | £330,000 | 83 UPPER MEALINES |
| 1 Mar 2024 | £331,087 | £326,000 | 104 UPPER MEALINES |
| 22 Dec 2023 | £257,926 | £250,000 | 60 UPPER MEALINES |
| 7 Oct 2023 | £358,134 | £350,000 | 46 SPINNING WHEEL MEAD |
| 10 Mar 2023 | £315,265 | £310,000 | 2 UPPER MEALINES |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Aug 2016. Using an estimated price of £309,918 means this house is valued at £3,603 per sq meter (£334 per sq foot).
The average size of a house on UPPER MEALINES is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Mealines |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Upper Mealines |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Mealines |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Mealines |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotters Road |