£582,200
This estimated value is based upon the latest sale price for the house of £415,000 on 23 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 4, Church Langley Way, Church Langley, Harlow, Chelmsford, CM17 9TE
Phone: 01279956522
| Price Paid | Date |
|---|---|
| £415,000 | 23 Nov 2015 |
| £342,000 | 24 May 2007 |
| £222,500 | 26 Oct 2001 |
| £162,500 | 31 Jan 2000 |
| £135,000 | 19 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £415,000 results in an estimated price of approximately £582,200.
| 23 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £415,000 | £167,200 | £582,200 |
The Postcode Pricing Model uses changes in average sales price within the CM17 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 | 50.803 % | £210,832 | £625,832 |
| 3 Month Average | 41.500 % | £172,224 | £587,224 |
| 6 Month Average | 36.403 % | £151,072 | £566,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £541,239 | £527,500 | 79 BURLEY HILL |
| 31 Aug 2022 | £419,964 | £418,000 | 74 BURLEY HILL |
| 8 Nov 2021 | £430,360 | £395,000 | 55 BURLEY HILL |
| 27 Sep 2021 | £331,099 | £305,000 | 209 COALPORT CLOSE |
| 24 Sep 2021 | £629,630 | £580,000 | 24 BURLEY HILL |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 20 Jul 2015. Using an estimated price of £582,201 means this house is valued at £4,695 per sq meter (£436 per sq foot).
The average size of a house on BURLEY HILL is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coalport Close |
| Oct 2024 | Other theft | Under investigation | On or near Coalport Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coalport Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Coalport Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coalport Close |