£385,836
This estimated value is based upon the latest sale price for the house of £310,000 on 10 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£310,000 | 10 Jun 2019 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £310,000 results in an estimated price of approximately £385,836.
10 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £310,000 | £75,836 | £385,836 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 5.064 % | £15,697 | £325,697 |
3 Month Average | 7.467 % | £23,148 | £333,148 |
6 Month Average | 16.316 % | £50,578 | £360,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £554,064 | £540,000 | 59 GAINSFORD GARDENS |
30 Aug 2023 | £427,714 | £420,000 | 5 GAINSFORD GARDENS |
29 Sep 2022 | £414,723 | £415,000 | 3 THIRD AVENUE |
23 Aug 2022 | £489,288 | £487,000 | 29 GAINSFORD AVENUE |
31 Mar 2022 | £313,180 | £300,000 | 39 GAINSFORD AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 May 2019. Using an estimated price of £385,836 means this house is valued at £6,124 per sq meter (£568 per sq foot).
The average size of a house on GAINSFORD GARDENS is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Under investigation | On or near Eastcliff Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwood Avenue |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Norwood Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbigail Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lyndhurst Road |