£210,130
This estimated value is based upon the latest sale price for the house of £61,500 on 12 Jun 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£61,500 | 12 Jun 2001 |
£38,500 | 5 Feb 1999 |
£33,000 | 15 Sep 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 June 2001 the House Price Index for ESSEX was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £61,500 results in an estimated price of approximately £210,130.
12 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £61,500 | £148,630 | £210,130 |
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 | 233.460 % | £143,577 | £205,077 |
3 Month Average | 253.740 % | £156,049 | £217,549 |
6 Month Average | 268.107 % | £164,886 | £226,386 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £126,443 | £124,500 | 47 ELDERBERRY GARDENS |
25 Aug 2023 | £280,051 | £275,000 | 30 ELDERBERRY GARDENS |
3 Apr 2023 | £329,309 | £323,150 | 4 ACACIA GARDENS |
5 Aug 2022 | £160,752 | £160,000 | 37 ELDERBERRY GARDENS |
5 Aug 2022 | £160,752 | £160,000 | 39 ELDERBERRY GARDENS |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 13 Oct 2018. Using an estimated price of £210,130 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on MULBERRY GARDENS is 59 sq meters (643 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Mulberry Gardens | |
Sep 2024 | Anti-social behaviour | On or near Mulberry Gardens | |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Motts Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Motts Lane |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Gardens |