£223,968
This estimated value is based upon the latest sale price for the house of £148,500 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £148,500 | 8 Aug 2014 |
| £128,500 | 21 Dec 2010 |
| £122,000 | 21 Oct 2005 |
| £56,500 | 17 Aug 2000 |
| £37,000 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 36 sq meters or 397 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £148,500 results in an estimated price of approximately £223,968.
| 8 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.0 | 50.820 % | £148,500 | £75,468 | £223,968 |
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 | 57.139 % | £84,850 | £233,350 |
| 3 Month Average | 32.096 % | £47,661 | £196,161 |
| 6 Month Average | 40.488 % | £60,124 | £208,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £395,072 | £390,000 | 22 HALSTON PLACE |
| 20 Jan 2023 | £203,215 | £205,000 | 35 FALCON FIELDS |
| 19 Aug 2022 | £627,013 | £631,250 | 6 RANDOLPH CLOSE |
| 30 Jun 2022 | £414,198 | £410,000 | 3 CONYER CLOSE |
| 14 Jan 2022 | £345,892 | £330,000 | 7 FALCON MEWS |
This house has a floor area of 36 sq meters or 397 sq feet when measured on 24 Mar 2010. Using an estimated price of £223,968 means this house is valued at £6,069 per sq meter (£563 per sq foot).
The average size of a house on FALCON FIELDS is 61 sq meters (662 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (397 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Courtland Place |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Courtland Place |