£235,879
This estimated value is based upon the latest sale price for the house of £142,000 on 18 Jul 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£142,000 | 18 Jul 2013 |
£92,000 | 25 May 2001 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 July 2013 the House Price Index for ESSEX was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £142,000 results in an estimated price of approximately £235,879.
18 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £142,000 | £93,879 | £235,879 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 19.750 % | £28,045 | £170,045 |
3 Month Average | 61.214 % | £86,923 | £228,923 |
6 Month Average | 72.087 % | £102,363 | £244,363 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £323,483 | £320,000 | 43 CONSTABLE AVENUE |
8 Feb 2023 | £199,866 | £200,000 | 16 BLAKE DRIVE |
31 Aug 2022 | £279,248 | £280,000 | 10 BLAKE DRIVE |
22 Aug 2022 | £269,275 | £270,000 | 8 BRIGHT CLOSE |
19 May 2022 | £270,089 | £265,000 | 2 REIGATE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Mar 2013. Using an estimated price of £235,879 means this house is valued at £3,145 per sq meter (£292 per sq foot).
The average size of a house on BURROWS CLOSE is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Blake Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dupont Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Way |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Munnings Drive |