£281,277
This estimated value is based upon the latest sale price for the house of £162,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £162,000 | 25 Nov 2011 |
| £159,000 | 6 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £162,000 results in an estimated price of approximately £281,277.
| 25 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £162,000 | £119,277 | £281,277 |
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 | 56.688 % | £91,834 | £253,834 |
| 3 Month Average | 55.912 % | £90,577 | £252,577 |
| 6 Month Average | 54.328 % | £88,011 | £250,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2024 | £250,000 | £250,000 | 5 MUNNINGS DRIVE |
| 30 Nov 2023 | £271,902 | £265,000 | 18 MUNNINGS DRIVE |
| 19 Oct 2023 | £158,602 | £155,000 | 31 SILLET CLOSE |
| 14 Jun 2023 | £257,153 | £252,000 | 20 COTMAN ROAD |
| 28 Apr 2023 | £326,099 | £320,000 | 43 CONSTABLE AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 13 Sep 2011. Using an estimated price of £281,278 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on COTMAN ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cotman Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Munnings Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Middleton Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dupont Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dupont Close |