£362,333
This estimated value is based upon the latest sale price for the house of £297,000 on 29 Jun 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £297,000 | 29 Jun 2020 |
| £188,000 | 7 Jul 2005 |
| £169,000 | 15 Dec 2003 |
| £79,950 | 11 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £297,000 results in an estimated price of approximately £362,333.
| 29 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £297,000 | £65,333 | £362,333 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 24.843 % | £73,784 | £370,784 |
| 3 Month Average | 2.732 % | £8,113 | £305,113 |
| 6 Month Average | 7.806 % | £23,184 | £320,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £371,704 | £365,000 | 5 BIRCH DRIVE |
| 14 Jun 2023 | £326,544 | £320,000 | 84 BEECH AVENUE |
| 3 Feb 2023 | £357,387 | £355,000 | 21 BEECH AVENUE |
| 31 Aug 2022 | £364,705 | £363,000 | 15 BEECH AVENUE |
| 9 Feb 2022 | £290,526 | £275,000 | 101 HAWTHORN CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 30 Sep 2019. Using an estimated price of £362,334 means this house is valued at £4,645 per sq meter (£431 per sq foot).
The average size of a house on PEAR TREE CLOSE is 94 sq meters (1,017 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Apple Tree Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Apple Tree Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Birch Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Winston Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winston Way |