£184,877
This estimated value is based upon the latest sale price for the house of £136,500 on 1 Apr 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £136,500 | 1 Apr 2016 |
| £104,000 | 22 Mar 2007 |
| £84,995 | 16 Jul 2003 |
| £84,995 | 16 Jul 2003 |
| £39,000 | 31 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £136,500 results in an estimated price of approximately £184,877.
| 1 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £136,500 | £48,377 | £184,877 |
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 | 48.391 % | £66,053 | £202,553 |
| 3 Month Average | 35.139 % | £47,965 | £184,465 |
| 6 Month Average | 43.750 % | £59,718 | £196,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £175,000 | £175,000 | 26 LIME AVENUE |
| 29 Nov 2023 | £274,057 | £270,000 | 15 LARCH CLOSE |
| 24 Jul 2023 | £192,592 | £190,000 | 5 SPRUCE AVENUE |
| 31 Mar 2023 | £227,140 | £225,000 | 26 SYCAMORE ROAD |
| 3 Mar 2023 | £260,959 | £258,500 | 22 LIME AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 Mar 2016. Using an estimated price of £184,878 means this house is valued at £3,081 per sq meter (£286 per sq foot).
The average size of a house on SYCAMORE ROAD is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Larch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Aspen Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |