£226,502
This estimated value is based upon the latest sale price for the house of £130,000 on 31 Oct 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 31 Oct 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 966 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 October 2008 the House Price Index for ESSEX was 84.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 74.233%.Applying this 74.233% change to the original purchase price of £130,000 results in an estimated price of approximately £226,502.
| 31 Oct 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.0 | 74.233 % | £130,000 | £96,502 | £226,502 |
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 | 53.893 % | £70,060 | £200,060 |
| 3 Month Average | 77.387 % | £100,603 | £230,603 |
| 6 Month Average | 74.833 % | £97,282 | £227,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £267,166 | £265,000 | 16 GERANIUM WALK |
| 16 Jun 2023 | £297,411 | £295,000 | 30 FOREST ROAD |
| 24 Apr 2023 | £302,246 | £300,000 | 51 FOREST ROAD |
| 13 May 2022 | £275,089 | £271,000 | 13 DAHLIA WALK |
| 4 Mar 2022 | £237,378 | £230,000 | 32 FOREST ROAD |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 22 Oct 2008. Using an estimated price of £226,503 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on FOREST ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hainault Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hainault Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hainault Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hainault Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrew'S Avenue |