£345,046
This estimated value is based upon the latest sale price for the house of £280,000 on 3 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£280,000 | 3 Oct 2018 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £280,000 results in an estimated price of approximately £345,046.
3 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £280,000 | £65,046 | £345,046 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 60.493 % | £169,380 | £449,380 |
3 Month Average | 3.318 % | £9,290 | £289,290 |
6 Month Average | 6.441 % | £18,034 | £298,034 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £456,762 | £450,000 | 8 STANSTEAD PLACE |
3 Jul 2023 | £362,377 | £357,500 | 12 RIVER CLOSE |
28 Jun 2023 | £258,127 | £255,000 | 30 STANSTEAD ROAD |
17 Jan 2023 | £363,289 | £365,000 | 8 STANSTEAD ROAD |
23 Sep 2022 | £463,755 | £467,500 | 12 COOKS CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 5 Jun 2018. Using an estimated price of £345,047 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on RAVENS AVENUE is 133 sq meters (1,432 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ravens Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Johnston Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Close |
Feb 2024 | Public order | Under investigation | On or near Cooks Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cooks Close |