£255,892
This estimated value is based upon the latest sale price for the house of £245,000 on 16 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Abbey Filling Station, Farm Hill Road, Waltham Abbey, EN9 1NN
Phone: 01992800786
Price Paid | Date |
---|---|
£245,000 | 16 Feb 2022 |
£165,000 | 11 Apr 2007 |
£107,000 | 13 Jun 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £245,000 results in an estimated price of approximately £255,892.
16 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.0 | 4.446 % | £245,000 | £10,892 | £255,892 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | -13.276 % | £-32,525 | £212,474 |
3 Month Average | -0.114 % | £-280 | £244,719 |
6 Month Average | 11.525 % | £28,236 | £273,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jan 2023 | £276,075 | £278,500 | FLAT 11 LEA VALLEY HOUSE STONEY BRIDGE DRIVE |
25 Nov 2022 | £280,452 | £285,000 | FLAT 17 LEA VALLEY HOUSE STONEY BRIDGE DRIVE |
22 Apr 2022 | £282,051 | £275,000 | FLAT 29 LEA VALLEY HOUSE STONEY BRIDGE DRIVE |
16 Feb 2022 | £255,893 | £245,000 | 13 KINGSDALE COURT LAMPLIGHTERS CLOSE |
7 Dec 2021 | £301,442 | £282,500 | FLAT 5 LEA VALLEY HOUSE STONEY BRIDGE DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 26 Nov 2021. Using an estimated price of £255,893 means this house is valued at £4,828 per sq meter (£448 per sq foot).
The average size of a house on LAMPLIGHTERS CLOSE is 57 sq meters (616 sq feet).