£350,272
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Jun 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 14 Jun 2012 |
| £195,000 | 24 Nov 2005 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £205,000 results in an estimated price of approximately £350,272.
| 14 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £205,000 | £145,272 | £350,272 |
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 | 57.743 % | £118,373 | £323,373 |
| 3 Month Average | 58.894 % | £120,732 | £325,732 |
| 6 Month Average | 61.186 % | £125,431 | £330,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £190,865 | £185,000 | 29 WRYNECK CLOSE |
| 16 Feb 2023 | £226,513 | £225,000 | 162 TURNER ROAD |
| 13 Jan 2023 | £225,603 | £225,000 | 23 WRYNECK CLOSE |
| 5 May 2022 | £189,949 | £185,000 | 5 LINNET MEWS |
| 3 Dec 2021 | £287,096 | £266,000 | 70 HOLLYMEAD CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 May 2012. Using an estimated price of £350,273 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on WRYNECK CLOSE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Linnet Mews |
| Jul 2024 | Anti-social behaviour | On or near Turner Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Turner Road |
| Apr 2024 | Anti-social behaviour | On or near Turner Road | |
| Apr 2024 | Anti-social behaviour | On or near Turner Road |