£192,564
This estimated value is based upon the latest sale price for the house of £111,500 on 6 May 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£111,500 | 6 May 2011 |
Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 May 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £111,500 results in an estimated price of approximately £192,564.
6 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £111,500 | £81,064 | £192,564 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 67.014 % | £74,720 | £186,220 |
3 Month Average | 66.069 % | £73,666 | £185,166 |
6 Month Average | 56.055 % | £62,500 | £174,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £288,640 | £290,000 | 2 RUATON DRIVE |
26 Jan 2023 | £278,687 | £280,000 | 4 RUATON DRIVE |
19 May 2022 | £244,609 | £240,000 | 20 SALVIA CLOSE |
29 Mar 2022 | £227,978 | £220,000 | 6 SALVIA CLOSE |
25 Mar 2022 | £263,211 | £254,000 | 22 SALVIA CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Nov 2021. Using an estimated price of £192,565 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on DOUGLAS ROAD is 95 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Douglas Road | |
Jan 2024 | Anti-social behaviour | On or near Douglas Road | |
Jan 2024 | Anti-social behaviour | On or near Douglas Road |