£230,253
This estimated value is based upon the latest sale price for the house of £40,500 on 29 Mar 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £40,500 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 March 1996 the House Price Index for ESSEX was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 468.526%.Applying this 468.526% change to the original purchase price of £40,500 results in an estimated price of approximately £230,253.
| 29 Mar 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 468.526 % | £40,500 | £189,753 | £230,253 |
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 | 286.495 % | £116,030 | £156,530 |
| 3 Month Average | 598.838 % | £242,529 | £283,029 |
| 6 Month Average | 453.177 % | £183,536 | £224,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £400,158 | £390,000 | 22 HALSTON PLACE |
| 11 Apr 2023 | £287,885 | £282,500 | 30 COURTLAND PLACE |
| 20 Jan 2023 | £205,549 | £205,000 | 35 FALCON FIELDS |
| 30 Jun 2022 | £418,956 | £410,000 | 3 CONYER CLOSE |
| 14 Jan 2022 | £349,865 | £330,000 | 7 FALCON MEWS |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 14 Jul 2021. Using an estimated price of £230,253 means this house is valued at £5,903 per sq meter (£548 per sq foot).
The average size of a house on FALCON FIELDS is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Courtland Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Courtland Place |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Mews |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Courtland Mews |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Courtland Mews |