£373,201
This estimated value is based upon the latest sale price for the house of £300,000 on 24 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 24 Sep 2018 |
| £197,000 | 7 Jul 2005 |
| £150,000 | 12 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £300,000 results in an estimated price of approximately £373,201.
| 24 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £300,000 | £73,201 | £373,201 |
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 | 21.707 % | £65,122 | £365,122 |
| 3 Month Average | 14.403 % | £43,210 | £343,210 |
| 6 Month Average | 9.083 % | £27,248 | £327,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £512,396 | £510,000 | 2 FELLOWES CLOSE |
| 25 May 2022 | £405,566 | £395,000 | 14 COEUR DE LION |
| 10 Dec 2021 | £388,551 | £360,000 | 17 THORNTON DRIVE |
| 25 Jun 2021 | £245,897 | £227,500 | 21 THORNTON DRIVE |
| 21 Jun 2021 | £415,053 | £384,000 | 26 BRICKMAKERS LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 30 Apr 2018. Using an estimated price of £373,202 means this house is valued at £3,658 per sq meter (£339 per sq foot).
The average size of a house on BRICKMAKERS LANE is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Thornton Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riddles Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |