£194,165
This estimated value is based upon the latest sale price for the house of £64,995 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£64,995 | 19 Apr 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 815 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 April 2002 the House Price Index for ESSEX was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £64,995 results in an estimated price of approximately £194,165.
19 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £64,995 | £129,170 | £194,165 |
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 | 165.847 % | £107,792 | £172,787 |
3 Month Average | 151.620 % | £98,545 | £163,540 |
6 Month Average | 192.026 % | £124,807 | £189,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £243,607 | £240,000 | 8 VERONICA WALK |
29 Mar 2023 | £262,473 | £260,000 | 24 CONIFER CLOSE |
24 Feb 2023 | £269,818 | £270,000 | 7 VERONICA WALK |
28 Apr 2022 | £270,322 | £262,500 | 20 CONIFER CLOSE |
14 Apr 2022 | £93,197 | £90,500 | 25 CONIFER CLOSE |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 15 May 2009. Using an estimated price of £194,165 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on ERICA WALK is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Offender given a caution | On or near Veronica Walk |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Veronica Walk |
Mar 2024 | Anti-social behaviour | On or near Veronica Walk | |
Mar 2024 | Possession of weapons | Under investigation | On or near Veronica Walk |
Mar 2024 | Public order | Under investigation | On or near Veronica Walk |