£237,790
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 29 Jun 2021 |
| £131,000 | 30 Mar 2004 |
| £91,000 | 14 Dec 2001 |
| £54,000 | 23 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £220,000 results in an estimated price of approximately £237,790.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £220,000 | £17,790 | £237,790 |
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 | -4.128 % | £-9,081 | £210,918 |
| 3 Month Average | -3.310 % | £-7,282 | £212,717 |
| 6 Month Average | -0.772 % | £-1,698 | £218,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £30,106,236 | £29,563,239 | ASDA, 9 PETROLEA CLOSE |
| 28 Feb 2023 | £364,434 | £362,000 | 22 CRANBORNE CLOSE |
| 7 Jan 2022 | £254,448 | £240,000 | 36 PETO AVENUE |
| 30 Sep 2021 | £241,539 | £222,500 | 10 PETO AVENUE |
| 29 Jun 2021 | £237,791 | £220,000 | 58 PETO AVENUE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 9 May 2012. Using an estimated price of £237,791 means this house is valued at £4,662 per sq meter (£433 per sq foot).
The average size of a house on PETO AVENUE is 97 sq meters (1,049 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riddles Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Close |
| Jul 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |