£301,725
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 30 Sep 2021 |
| £235,000 | 15 Feb 2019 |
| £161,000 | 23 Jul 2013 |
| £172,000 | 3 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £280,000 results in an estimated price of approximately £301,725.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £280,000 | £21,725 | £301,725 |
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 | -14.189 % | £-39,729 | £240,270 |
| 3 Month Average | -11.364 % | £-31,820 | £248,179 |
| 6 Month Average | -9.493 % | £-26,580 | £253,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £395,861 | £390,000 | 22 HALSTON PLACE |
| 11 Apr 2023 | £285,575 | £282,500 | 30 COURTLAND PLACE |
| 20 Jan 2023 | £204,039 | £205,000 | 35 FALCON FIELDS |
| 19 Aug 2022 | £629,555 | £631,250 | 6 RANDOLPH CLOSE |
| 30 Jun 2022 | £415,877 | £410,000 | 3 CONYER CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Jun 2012. Using an estimated price of £301,726 means this house is valued at £5,293 per sq meter (£491 per sq foot).
The average size of a house on FALCON FIELDS is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Courtland Place |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Courtland Place |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Courtland Place |