£380,770
This estimated value is based upon the latest sale price for the house of £305,000 on 2 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £305,000 | 2 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £305,000 results in an estimated price of approximately £380,770.
| 2 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £305,000 | £75,770 | £380,770 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 46.783 % | £142,687 | £447,687 |
| 3 Month Average | 30.859 % | £94,120 | £399,120 |
| 6 Month Average | 38.679 % | £117,971 | £422,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £595,000 | £595,000 | 54A COT LANE |
| 18 Mar 2024 | £387,199 | £381,250 | 5 DENE AVENUE |
| 1 Sep 2023 | £352,777 | £345,000 | 14 INGATESTONE DRIVE |
| 23 Jun 2023 | £122,454 | £120,000 | FLAT 78 INGATESTONE DRIVE |
| 27 Apr 2023 | £147,764 | £145,000 | FLAT 58 INGATESTONE DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 27 Feb 2018. Using an estimated price of £380,771 means this house is valued at £3,525 per sq meter (£327 per sq foot).
The average size of a house on HAINULT CLOSE is 165 sq meters (1,781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Hainult Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingatestone Drive |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Ingatestone Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Graham Road |
| Jul 2024 | Anti-social behaviour | On or near Arbury Drive |