£138,495
This estimated value is based upon the latest sale price for the house of £24,500 on 21 May 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
Price Paid | Date |
---|---|
£24,500 | 21 May 1996 |
Terraced |
Leasehold |
Floor Area: 42 sq meters or 452 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 May 1996 the House Price Index for ESSEX was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £24,500 results in an estimated price of approximately £138,495.
21 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £24,500 | £113,995 | £138,495 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | 373.143 % | £91,420 | £115,920 |
3 Month Average | 441.158 % | £108,083 | £132,583 |
6 Month Average | 471.381 % | £115,488 | £139,988 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £378,599 | £370,000 | 2 SPRUCE HILL |
25 Sep 2023 | £214,734 | £210,000 | 129 LOWER MEADOW |
28 Apr 2023 | £208,907 | £205,000 | FLAT 16 ELMS COURT COMMONSIDE ROAD |
11 Aug 2022 | £246,151 | £245,000 | 185 BERECROFT |
8 Jul 2022 | £207,075 | £205,000 | FLAT 7 ELMS COURT COMMONSIDE ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 9 Sep 2021. Using an estimated price of £138,496 means this house is valued at £3,297 per sq meter (£306 per sq foot).
The average size of a house on COMMONSIDE ROAD is 63 sq meters (680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Willow Close |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Willow Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Close |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Willow Close |