£361,926
This estimated value is based upon the latest sale price for the house of £165,000 on 16 Dec 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 16 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 December 2003 the House Price Index for ESSEX was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £165,000 results in an estimated price of approximately £361,926.
| 16 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £165,000 | £196,926 | £361,926 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 115.444 % | £190,483 | £355,483 |
| 3 Month Average | 99.490 % | £164,158 | £329,158 |
| 6 Month Average | 104.111 % | £171,783 | £336,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £153,864 | £151,500 | 30 PURLEY WAY |
| 3 Oct 2023 | £335,111 | £327,500 | 4 HOLMWOOD CLOSE |
| 2 Oct 2023 | £298,786 | £292,000 | 28 LITTLE CLACTON ROAD |
| 29 Jul 2022 | £313,138 | £310,000 | 16 HOLMWOOD CLOSE |
| 4 Mar 2022 | £302,741 | £290,000 | 24 WOODROWS LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 7 Mar 2014. Using an estimated price of £361,926 means this house is valued at £3,351 per sq meter (£311 per sq foot).
The average size of a house on PURLEY WAY is 94 sq meters (1,018 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Little Clacton Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grier Way |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Cranleigh Close |