£478,817
This estimated value is based upon the latest sale price for the house of £375,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Falcon Mews
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £375,000 | 15 Sep 2017 |
| £210,000 | 10 Jan 2011 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £375,000 results in an estimated price of approximately £478,817.
| 15 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £375,000 | £103,817 | £478,817 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 4.579 % | £17,172 | £392,172 |
| 3 Month Average | 19.804 % | £74,264 | £449,264 |
| 6 Month Average | 22.115 % | £82,932 | £457,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £318,000 | £318,000 | 34 GLOUCESTER AVENUE |
| 4 Oct 2023 | £353,018 | £345,000 | 9 GLOUCESTER AVENUE |
| 11 Nov 2022 | £423,022 | £425,000 | 72 ESSEX ROAD |
| 22 Jun 2022 | £321,881 | £315,000 | 11 GLOUCESTER AVENUE |
| 14 Jan 2022 | £349,865 | £330,000 | 7 FALCON MEWS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 13 Apr 2017. Using an estimated price of £478,818 means this house is valued at £5,148 per sq meter (£478 per sq foot).
The average size of a house on ESSEX ROAD is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Falcon Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Courtland Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Courtland Place |
| Oct 2024 | Other theft | Under investigation | On or near Gloucester Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Avenue |