£249,293
This estimated value is based upon the latest sale price for the house of £160,995 on 2 Oct 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,995 | 2 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2007 the House Price Index for ESSEX was 95.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.846%.Applying this 54.846% change to the original purchase price of £160,995 results in an estimated price of approximately £249,293.
| 2 Oct 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.0 | 54.846 % | £160,995 | £88,298 | £249,293 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 29.979 % | £48,265 | £209,260 |
| 3 Month Average | 56.714 % | £91,305 | £252,300 |
| 6 Month Average | 63.377 % | £102,033 | £263,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £191,647 | £191,000 | 8 AXIAL DRIVE |
| 3 Nov 2023 | £321,123 | £317,000 | 184 AXIAL DRIVE |
| 31 Mar 2023 | £197,065 | £196,000 | 40 AXIAL DRIVE |
| 31 Aug 2022 | £208,591 | £210,000 | 12 AXIAL DRIVE |
| 26 Aug 2022 | £198,658 | £200,000 | 82 AXIAL DRIVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Oct 2009. Using an estimated price of £249,294 means this house is valued at £4,794 per sq meter (£445 per sq foot).
The average size of a house on AXIAL DRIVE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Engineers Square |