£290,478
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£280,000 | 7 Apr 2022 |
£94,500 | 23 Feb 2001 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 £280,000 results in an estimated price of approximately £290,478.
7 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £280,000 | £10,478 | £290,478 |
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 % | £52,481 | £332,481 |
3 Month Average | -7.935 % | £-22,217 | £257,782 |
6 Month Average | -6.790 % | £-19,012 | £260,987 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2024 | £245,000 | £245,000 | 74 WEST AVENUE |
12 Aug 2024 | £325,000 | £325,000 | 69 PARK ROAD |
8 Aug 2024 | £225,000 | £225,000 | 76 WEST AVENUE |
14 Aug 2023 | £565,194 | £555,000 | 75 WEST AVENUE |
15 Jun 2023 | £306,135 | £300,000 | 53 WEST AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Aug 2021. Using an estimated price of £290,478 means this house is valued at £3,676 per sq meter (£341 per sq foot).
The average size of a house on WEST AVENUE is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Road |
Oct 2024 | Shoplifting | Under investigation | On or near Shopping Area |
Oct 2024 | Shoplifting | Awaiting court outcome | On or near Shopping Area |