£274,199
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Oct 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
| Price Paid | Date |
|---|---|
| £160,000 | 8 Oct 2010 |
| £116,000 | 4 Oct 2002 |
| £52,000 | 31 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 829 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 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £160,000 results in an estimated price of approximately £274,199.
| 8 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £160,000 | £114,199 | £274,199 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | 78.404 % | £125,446 | £285,446 |
| 3 Month Average | 75.973 % | £121,557 | £281,557 |
| 6 Month Average | 78.627 % | £125,802 | £285,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2024 | £290,000 | £290,000 | 123 LONGFIELD |
| 20 Dec 2023 | £324,986 | £315,000 | 23 SPINNING WHEEL MEAD |
| 29 Nov 2023 | £297,553 | £290,000 | 119 LONGFIELD |
| 9 Oct 2023 | £309,018 | £302,000 | 105 LONGFIELD |
| 7 Oct 2023 | £358,134 | £350,000 | 46 SPINNING WHEEL MEAD |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 11 Jan 2010. Using an estimated price of £274,199 means this house is valued at £3,557 per sq meter (£330 per sq foot).
The average size of a house on SPINNING WHEEL MEAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pear Tree Mead |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Pear Tree Mead |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Pear Tree Mead |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotters Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotters Road |