£388,565
This estimated value is based upon the latest sale price for the house of £380,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £380,000 | 1 Sep 2023 |
| £79,995 | 28 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £380,000 results in an estimated price of approximately £388,565.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £380,000 | £8,565 | £388,565 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | -13.191 % | £-50,124 | £329,875 |
| 3 Month Average | 3.865 % | £14,685 | £394,685 |
| 6 Month Average | 0.989 % | £3,759 | £383,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £386,888 | £375,000 | 2 GREENACRES |
| 1 Sep 2023 | £388,566 | £380,000 | 4 GREENACRES |
| 10 Mar 2023 | £307,638 | £302,500 | 10 ARCHERY FIELDS |
| 9 Feb 2023 | £317,118 | £315,000 | 81 WYNDHAM CRESCENT |
| 5 Aug 2022 | £286,339 | £285,000 | 40 WYNDHAM CRESCENT |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 11 Nov 2013. Using an estimated price of £388,566 means this house is valued at £3,292 per sq meter (£305 per sq foot).
The average size of a house on GREENACRES is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Clayhall Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clayhall Road |
| Oct 2024 | Criminal damage and arson | Awaiting court outcome | On or near Clayhall Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clayhall Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clayhall Road |