£251,515
This estimated value is based upon the latest sale price for the house of £155,000 on 9 Jul 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 9 Jul 2008 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 64 sq meters or 698 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 July 2008 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.268%.Applying this 62.268% change to the original purchase price of £155,000 results in an estimated price of approximately £251,515.
| 9 Jul 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 146.7 | 62.268 % | £155,000 | £96,515 | £251,515 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 54.880 % | £85,064 | £240,064 |
| 3 Month Average | 61.518 % | £95,352 | £250,352 |
| 6 Month Average | 67.928 % | £105,287 | £260,287 |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 9 Mar 2012.
The average size of a house on EIGHT ACRE LANE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eight Acre Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Eight Acre Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lordswood Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lordswood Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lordswood Road |