£657,275
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 29 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £500,000 results in an estimated price of approximately £657,275.
| 29 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £500,000 | £157,275 | £657,275 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -2.638 % | £-13,188 | £486,811 |
| 3 Month Average | -6.661 % | £-33,303 | £466,696 |
| 6 Month Average | 22.281 % | £111,403 | £611,403 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 14 Mar 2016.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Duncombe Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Duncombe Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hatfield Road |
| Jan 2024 | Drugs | Local resolution | On or near Hatfield Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatfield Road |