£298,688
This estimated value is based upon the latest sale price for the house of £305,000 on 23 Sep 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Bure Drive
More crime details
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| Price Paid | Date |
|---|---|
| £305,000 | 23 Sep 2022 |
| £235,000 | 18 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2022 the House Price Index for ESSEX was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £305,000 results in an estimated price of approximately £298,688.
| 23 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £305,000 | £-6,311 | £298,688 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -19.663 % | £-59,971 | £245,028 |
| 3 Month Average | -25.303 % | £-77,173 | £227,826 |
| 6 Month Average | -7.952 % | £-24,254 | £280,745 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Jan 2018.
The average size of a house on BURE DRIVE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bure Drive |
| Mar 2024 | Other theft | Under investigation | On or near Bure Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bure Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bure Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bure Drive |