£301,350
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£255,000 | 30 Oct 2020 |
£242,500 | 20 Dec 2018 |
£185,000 | 23 Feb 2017 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £255,000 results in an estimated price of approximately £301,350.
30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £255,000 | £46,350 | £301,350 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 82.337 % | £209,958 | £464,958 |
3 Month Average | 52.917 % | £134,937 | £389,937 |
6 Month Average | 43.521 % | £110,977 | £365,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £255,000 | £255,000 | 19 DARWIN CLOSE |
6 Mar 2024 | £253,901 | £250,000 | 45 QUEENSLAND DRIVE |
30 Nov 2023 | £277,032 | £270,000 | 36 ONSLOW CRESCENT |
20 Nov 2023 | £266,772 | £260,000 | 9 LAUNCESTON CLOSE |
12 Oct 2023 | £245,578 | £240,000 | 1 SYDNEY STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 Sep 2016. Using an estimated price of £301,351 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on DARWIN CLOSE is 93 sq meters (1,009 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Darwin Close | |
Oct 2024 | Anti-social behaviour | On or near Darwin Close | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Darwin Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Darwin Close |
Nov 2024 | Anti-social behaviour | On or near Melbourne Chase |