£197,110
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 14 Apr 2022 |
| £172,500 | 12 Jun 2020 |
| £121,000 | 20 Feb 2004 |
| £100,000 | 13 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £190,000 results in an estimated price of approximately £197,110.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £190,000 | £7,110 | £197,110 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 18.743 % | £35,612 | £225,612 |
| 3 Month Average | -7.935 % | £-15,076 | £174,923 |
| 6 Month Average | -6.790 % | £-12,901 | £177,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 12 SYCAMORE WAY |
| 24 Mar 2023 | £221,702 | £218,000 | 16 WALNUT WAY |
| 2 Aug 2022 | £195,916 | £195,000 | 30 ALMOND CLOSE |
| 14 Apr 2022 | £197,110 | £190,000 | 9 WALNUT WAY |
| 22 Feb 2022 | £216,574 | £205,000 | 121 STANLEY ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 19 Aug 2019. Using an estimated price of £197,110 means this house is valued at £1,527 per sq meter (£141 per sq foot).
The average size of a house on WALNUT WAY is 121 sq meters (1,312 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walnut Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Way |