£271,695
This estimated value is based upon the latest sale price for the house of £152,500 on 14 Aug 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £152,500 | 14 Aug 2009 |
| £146,500 | 28 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £152,500 results in an estimated price of approximately £271,695.
| 14 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 146.7 | 78.161 % | £152,500 | £119,195 | £271,695 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 34.803 % | £53,075 | £205,575 |
| 3 Month Average | 48.139 % | £73,412 | £225,912 |
| 6 Month Average | 68.427 % | £104,351 | £256,851 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Nov 2013.
The average size of a house on GLOUCESTER AVENUE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Essex Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Binder Close |