£204,830
This estimated value is based upon the latest sale price for the house of £135,800 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £135,800 | 14 Nov 2014 |
| £56,000 | 28 Jan 2000 |
| £37,500 | 19 Sep 1997 |
| 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 November 2014 the House Price Index for ESSEX was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £135,800 results in an estimated price of approximately £204,830.
| 14 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £135,800 | £69,030 | £204,830 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 54.984 % | £74,667 | £210,467 |
| 3 Month Average | 57.954 % | £78,702 | £214,502 |
| 6 Month Average | 53.843 % | £73,119 | £208,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £510,000 | £510,000 | THE COTTAGE LAYER ROAD |
| 1 Dec 2023 | £275,464 | £267,000 | 11 LORDSWOOD ROAD |
| 2 Oct 2023 | £250,694 | £245,000 | 3 RANGOON CLOSE |
| 25 Aug 2023 | £234,224 | £230,000 | 3 ELMWOOD AVENUE |
| 16 Jun 2023 | £280,624 | £275,000 | 27 ELMWOOD AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Aug 2014. Using an estimated price of £204,831 means this house is valued at £3,012 per sq meter (£279 per sq foot).
The average size of a house on ELMWOOD AVENUE is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Rangoon Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rangoon Close |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Littlefield Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Layer Road |