£580,767
This estimated value is based upon the latest sale price for the house of £330,000 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Jubilee House, 3 The Drive, Great Warley, Brentwood, CM13 3FR
Phone: 01277576563
Price Paid | Date |
---|---|
£330,000 | 30 Oct 2009 |
Flats/Maisonettes |
Freehold |
Floor Area: 130 sq meters or 1,407 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 October 2009 the House Price Index for ESSEX was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £330,000 results in an estimated price of approximately £580,767.
30 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 148.6 | 75.990 % | £330,000 | £250,767 | £580,767 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 63.677 % | £210,134 | £540,134 |
3 Month Average | 63.558 % | £209,742 | £539,742 |
6 Month Average | 74.171 % | £244,764 | £574,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £520,202 | £512,500 | FLAT 5 BRUNSWICK COURT THE GALLERIES |
21 Sep 2023 | £316,547 | £312,500 | 24 KAVANAGH COURT THE GALLERIES |
1 Jul 2022 | £235,634 | £235,000 | 13 TUDOR COURT THE GALLERIES |
12 May 2022 | £326,145 | £320,000 | 15 TUDOR COURT THE GALLERIES |
29 Apr 2022 | £308,940 | £300,000 | 6 KENDALL COURT THE GALLERIES |
This house has a floor area of 130 sq meters or 1,407 sq feet when measured on 14 Aug 2009. Using an estimated price of £580,768 means this house is valued at £4,440 per sq meter (£412 per sq foot).
The average size of a house on THE GALLERIES is 121 sq meters (1,310 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pastoral Way |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Pastoral Way |
Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Pastoral Way |
Dec 2023 | Drugs | Local resolution | On or near Pastoral Way |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fantasia Court |