£241,319
This estimated value is based upon the latest sale price for the house of £236,000 on 18 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£236,000 | 18 Sep 2023 |
£168,000 | 24 Jun 2016 |
£108,000 | 17 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £236,000 results in an estimated price of approximately £241,319.
18 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £236,000 | £5,319 | £241,319 |
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 | -13.191 % | £-31,130 | £204,869 |
3 Month Average | 3.865 % | £9,120 | £245,120 |
6 Month Average | 0.989 % | £2,334 | £238,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 May 2024 | £218,000 | £218,000 | 15 SPARROWS HERNE |
1 Mar 2024 | £355,461 | £350,000 | 24 HILLCREST |
18 Sep 2023 | £241,320 | £236,000 | 58 CRAIGFIELD AVENUE |
26 Aug 2022 | £226,057 | £225,000 | 2 OSPREYS |
1 Jul 2022 | £252,530 | £250,000 | 4 OSPREYS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Feb 2016. Using an estimated price of £241,320 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on CRAIGFIELD AVENUE is 79 sq meters (854 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thrushdale |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Thrushdale |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thrushdale |
Sep 2024 | Theft from the person | Under investigation | On or near Thrushdale |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Thrushdale |