£281,365
This estimated value is based upon the latest sale price for the house of £160,000 on 17 Nov 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 17 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 874 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 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £160,000 results in an estimated price of approximately £281,365.
| 17 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £160,000 | £121,365 | £281,365 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 23.488 % | £37,581 | £197,581 |
| 3 Month Average | 68.477 % | £109,563 | £269,563 |
| 6 Month Average | 88.625 % | £141,800 | £301,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £172,500 | £172,500 | 13 GROVE AVENUE |
| 17 Nov 2023 | £286,267 | £279,000 | 1 GOULDINGS AVENUE |
| 2 Jun 2023 | £244,908 | £240,000 | 3 GOULDINGS AVENUE |
| 27 Jan 2023 | £278,745 | £278,000 | 69 KIRBY ROAD |
| 19 Aug 2022 | £261,221 | £260,000 | 8 BRIAN BISHOP CLOSE |
This house has a floor area of 81 sq meters or 874 sq feet when measured on 9 Jul 2009. Using an estimated price of £281,365 means this house is valued at £3,465 per sq meter (£321 per sq foot).
The average size of a house on GOULDINGS AVENUE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warde Chase |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warde Chase |
| Sep 2024 | Public order | Local resolution | On or near Warde Chase |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warde Chase |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Warde Chase |