£344,438
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £255,000 | 30 Mar 2016 |
| £191,000 | 28 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £255,000 results in an estimated price of approximately £344,438.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £255,000 | £89,438 | £344,438 |
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 | 52.373 % | £133,551 | £388,551 |
| 3 Month Average | 33.122 % | £84,460 | £339,460 |
| 6 Month Average | 43.390 % | £110,644 | £365,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £293,956 | £290,000 | 12 BROAD OAK LANE |
| 27 Jan 2023 | £330,941 | £332,500 | 49 COWPER CRESCENT |
| 4 Apr 2022 | £283,195 | £275,000 | 10 BROAD OAK LANE |
| 21 Mar 2022 | £310,879 | £300,000 | 14 COWPER CRESCENT |
| 16 Feb 2022 | £327,717 | £312,500 | 4 MCCLUSKEYS STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Jul 2012. Using an estimated price of £344,438 means this house is valued at £4,005 per sq meter (£372 per sq foot).
The average size of a house on COWPER CRESCENT is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mccluskeys Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mccluskeys Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mccluskeys Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mccluskeys Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mccluskeys Street |