£279,322
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Oct 2018. 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 Pownall Crescent
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| Price Paid | Date |
|---|---|
| £225,000 | 26 Oct 2018 |
| £195,000 | 17 Nov 2015 |
| £113,000 | 5 Sep 2003 |
| £55,000 | 16 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £225,000 results in an estimated price of approximately £279,322.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £225,000 | £54,322 | £279,322 |
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 | 14.304 % | £32,183 | £257,183 |
| 3 Month Average | 15.490 % | £34,851 | £259,851 |
| 6 Month Average | 15.145 % | £34,075 | £259,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £133,021 | £130,000 | FLAT 11 CHRISTOPHER JOLLY COURT KING GEORGE ROAD |
| 30 Aug 2023 | £315,694 | £310,000 | 8 MIDLAND CLOSE |
| 30 Aug 2023 | £282,597 | £277,500 | 49 MEYRICK CRESCENT |
| 30 Jun 2023 | £290,828 | £285,000 | 5 POWNALL CRESCENT |
| 13 Apr 2023 | £397,434 | £390,000 | 28 MEYRICK CRESCENT |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Jul 2015. Using an estimated price of £279,322 means this house is valued at £3,934 per sq meter (£365 per sq foot).
The average size of a house on POWNALL CRESCENT is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Pownall Crescent |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pownall Crescent |
| Nov 2024 | Drugs | Investigation complete; no suspect identified | On or near Meyrick Crescent |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Meyrick Crescent |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandringham Drive |