£385,703
This estimated value is based upon the latest sale price for the house of £350,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 29 Oct 2021 |
| £300,000 | 14 Dec 2017 |
| Detached |
| 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 October 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £350,000 results in an estimated price of approximately £385,703.
| 29 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £350,000 | £35,703 | £385,703 |
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 | -26.380 % | £-92,329 | £257,670 |
| 3 Month Average | -3.976 % | £-13,917 | £336,082 |
| 6 Month Average | -2.482 % | £-8,687 | £341,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £377,294 | £375,000 | 6 GLENDALE GROVE |
| 11 Aug 2023 | £289,762 | £288,000 | 17 BELMONT CRESCENT |
| 10 Aug 2023 | £321,958 | £320,000 | 59 CHALFONT ROAD |
| 31 Mar 2023 | £309,674 | £308,000 | 63 CHALFONT ROAD |
| 21 Mar 2023 | £487,636 | £485,000 | 95 ST CYRUS ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Aug 2017. Using an estimated price of £385,704 means this house is valued at £4,484 per sq meter (£416 per sq foot).
The average size of a house on ARDEN CLOSE is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near A1232 | |
| Feb 2024 | Anti-social behaviour | On or near A1232 | |
| Feb 2024 | Anti-social behaviour | On or near A1232 | |
| Apr 2024 | Other theft | Under investigation | On or near Arbour Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arbour Way |