£152,769
This estimated value is based upon the latest sale price for the house of £79,995 on 6 Sep 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£79,995 | 6 Sep 2004 |
£34,000 | 15 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 September 2004 the House Price Index for ESSEX was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £79,995 results in an estimated price of approximately £152,769.
6 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £79,995 | £72,774 | £152,769 |
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 | 18.486 % | £14,787 | £94,782 |
3 Month Average | 63.102 % | £50,478 | £130,473 |
6 Month Average | 82.152 % | £65,717 | £145,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £213,740 | £210,000 | 10 MERSTHAM DRIVE |
29 Aug 2023 | £358,133 | £355,000 | 10 MINSMERE DRIVE |
6 Apr 2023 | £181,959 | £180,000 | 69 CONSTABLE AVENUE |
13 Jul 2022 | £193,521 | £193,000 | 96 CONSTABLE AVENUE |
13 Jul 2022 | £110,297 | £110,000 | 6 GERARD ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 4 Mar 2020. Using an estimated price of £152,769 means this house is valued at £3,637 per sq meter (£337 per sq foot).
The average size of a house on CONSTABLE AVENUE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minsmere Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minsmere Drive |
Jan 2024 | Anti-social behaviour | On or near Minsmere Drive | |
Jan 2024 | Anti-social behaviour | On or near Minsmere Drive | |
Jan 2024 | Anti-social behaviour | On or near Minsmere Drive |