£296,975
This estimated value is based upon the latest sale price for the house of £294,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Jubilee House, 3 The Drive, Great Warley, Brentwood, CM13 3FR
Phone: 01277576563
Price Paid | Date |
---|---|
£294,000 | 1 Jul 2022 |
£188,200 | 22 Aug 2007 |
£155,000 | 11 Jan 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 2022 the House Price Index for ESSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £294,000 results in an estimated price of approximately £296,975.
1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £294,000 | £2,975 | £296,975 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | -14.728 % | £-43,299 | £250,700 |
3 Month Average | -0.994 % | £-2,923 | £291,076 |
6 Month Average | 1.842 % | £5,414 | £299,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £438,473 | £425,000 | 4 LILLEY CLOSE |
1 Dec 2023 | £544,223 | £527,500 | 5 WESTBOURNE DRIVE |
9 Oct 2023 | £634,409 | £620,000 | 18 WESTBOURNE DRIVE |
20 Mar 2023 | £747,483 | £735,000 | 53 SHEVON WAY |
10 Mar 2023 | £437,303 | £430,000 | 33 WESTBOURNE DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Jan 2016. Using an estimated price of £296,976 means this house is valued at £4,432 per sq meter (£411 per sq foot).
The average size of a house on SHEVON WAY is 81 sq meters (880 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Under investigation | On or near Shevon Way |
Oct 2024 | Vehicle crime | Under investigation | On or near Southall Way |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Jasons Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Way |
Oct 2024 | Possession of weapons | Awaiting court outcome | On or near The Grove |