£393,121
This estimated value is based upon the latest sale price for the house of £227,500 on 25 Jul 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £227,500 | 25 Jul 2011 |
| £149,000 | 21 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 738 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 July 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £227,500 results in an estimated price of approximately £393,121.
| 25 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £227,500 | £165,621 | £393,121 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 65.558 % | £149,143 | £376,643 |
| 3 Month Average | 50.990 % | £116,003 | £343,503 |
| 6 Month Average | 74.526 % | £169,547 | £397,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £552,059 | £545,000 | 214 IPSWICH ROAD |
| 6 Jul 2023 | £312,202 | £308,000 | 32 CLOVERLANDS |
| 17 Feb 2023 | £349,765 | £350,000 | 7 CLOVERLANDS |
| 4 Nov 2022 | £345,811 | £350,000 | 14 SOUTHLAND CLOSE |
| 1 Jul 2022 | £330,891 | £330,000 | 15 CLOVERLANDS |
This house has a floor area of 68 sq meters or 738 sq feet when measured on 7 Mar 2011. Using an estimated price of £393,121 means this house is valued at £5,730 per sq meter (£532 per sq foot).
The average size of a house on MAYFIELD CLOSE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Upland Drive | |
| Feb 2024 | Anti-social behaviour | On or near Upland Drive | |
| Mar 2024 | Other theft | Under investigation | On or near Wilson Marriage Road |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Wilson Marriage Road |
| Mar 2024 | Public order | Under investigation | On or near Wilson Marriage Road |