£237,520
This estimated value is based upon the latest sale price for the house of £149,995 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £149,995 | 21 Feb 2014 |
| £130,000 | 25 Jan 2005 |
| £49,995 | 27 Nov 1998 |
| £33,000 | 30 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2014 the House Price Index for ESSEX was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £149,995 results in an estimated price of approximately £237,520.
| 21 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £149,995 | £87,525 | £237,520 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 70.098 % | £105,143 | £255,138 |
| 3 Month Average | 72.782 % | £109,169 | £259,164 |
| 6 Month Average | 78.670 % | £118,000 | £267,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £243,108 | £240,000 | 43 HINDLES ROAD |
| 28 Mar 2023 | £227,140 | £225,000 | 2 MITCHELLS AVENUE |
| 13 Feb 2023 | £280,311 | £280,500 | 16 GILLS AVENUE |
| 27 Jan 2023 | £202,048 | £203,000 | FLAT 6 HOLMES COURT, 117 HIGH STREET |
| 28 Oct 2022 | £292,847 | £296,000 | 5 GAINS CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Jul 2014. Using an estimated price of £237,521 means this house is valued at £3,770 per sq meter (£350 per sq foot).
The average size of a house on MITCHELLS WALK is 134 sq meters (1,442 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barnards Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Mitchells Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mitchells Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Mitchells Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitchells Avenue |