£287,316
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Jul 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Jul 2021 |
| £142,000 | 7 Jan 2011 |
| £120,000 | 5 Nov 2003 |
| £94,995 | 17 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 831 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 July 2021 the House Price Index for ESSEX was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £250,000 results in an estimated price of approximately £287,316.
| 26 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £250,000 | £37,316 | £287,316 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 55.946 % | £139,864 | £389,864 |
| 3 Month Average | -8.794 % | £-21,984 | £228,015 |
| 6 Month Average | -5.532 % | £-13,828 | £236,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £203,562 | £200,000 | 13 NEALE ROAD |
| 30 Mar 2023 | £297,806 | £295,000 | 6 NEALE ROAD |
| 10 Mar 2023 | £297,806 | £295,000 | 2 MITCHELL AVENUE |
| 10 Mar 2023 | £181,712 | £180,000 | 1 NEW STREET |
| 18 Jul 2022 | £260,702 | £260,000 | 79 KINGS ROAD |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 29 Jan 2010. Using an estimated price of £287,316 means this house is valued at £3,717 per sq meter (£345 per sq foot).
The average size of a house on MITCHELL AVENUE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Park Drive |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Park Drive |