£466,039
This estimated value is based upon the latest sale price for the house of £348,950 on 28 Jun 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £348,950 | 28 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,553 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 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £348,950 results in an estimated price of approximately £466,039.
| 28 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £348,950 | £117,089 | £466,039 |
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 | 60.103 % | £209,728 | £558,678 |
| 3 Month Average | 16.911 % | £59,010 | £407,960 |
| 6 Month Average | 22.356 % | £78,009 | £426,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £334,274 | £330,000 | 37 COLNE ROAD |
| 10 Nov 2022 | £385,332 | £390,000 | 28 BOIS HALL GARDENS |
| 28 Oct 2022 | £440,260 | £445,000 | 3 CHURCHILL AVENUE |
| 20 Sep 2022 | £491,035 | £495,000 | 42 COLNE ROAD |
| 5 Aug 2022 | £349,060 | £350,000 | 31 MATHEWS CLOSE |
This house has a floor area of 144 sq meters or 1,553 sq feet when measured on 13 Jan 2012. Using an estimated price of £466,040 means this house is valued at £3,229 per sq meter (£300 per sq foot).
There is one other house on the street which we know the size of, this is 2 PORTWAY COURT it is 84.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bois Hall Gardens |
| Dec 2023 | Drugs | Local resolution | On or near Bois Hall Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winston Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Reynolds Drive |