£132,930
This estimated value is based upon the latest sale price for the house of £130,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Old Mill Close
More crime details
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Price Paid | Date |
---|---|
£130,000 | 29 Sep 2023 |
£140,398 | 28 Sep 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 486 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 £130,000 results in an estimated price of approximately £132,930.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £130,000 | £2,930 | £132,930 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -12.664 % | £-16,463 | £113,536 |
3 Month Average | 12.134 % | £15,774 | £145,774 |
6 Month Average | 8.517 % | £11,071 | £141,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £1,281,125 | £1,270,000 | 3 ANCHORAGE HILL |
6 Mar 2024 | £137,107 | £135,000 | 12 OLD MILL CLOSE |
4 Mar 2024 | £829,251 | £816,510 | UNIT B WENLOCK WAY |
17 Nov 2023 | £572,533 | £558,000 | CHASE END THE DOWNS |
17 Nov 2023 | £538,674 | £525,000 | 25 BUTT LANE |
This house has a floor area of 45 sq meters or 486 sq feet when measured on 15 Feb 2012. Using an estimated price of £132,930 means this house is valued at £2,940 per sq meter (£273 per sq foot).
The average size of a house on OLD MILL CLOSE is 56 sq meters (612 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Formal action is not in the public interest | On or near Old Mill Close |
Oct 2024 | Shoplifting | Under investigation | On or near Old Mill Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Mill Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Mill Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mill Close |