£197,929
This estimated value is based upon the latest sale price for the house of £165,000 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£165,000 | 31 Mar 2020 |
£145,596 | 8 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £165,000 results in an estimated price of approximately £197,929.
31 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.0 | 19.957 % | £165,000 | £32,929 | £197,929 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 8.763 % | £14,458 | £179,458 |
3 Month Average | 4.969 % | £8,199 | £173,199 |
6 Month Average | 1.325 % | £2,185 | £167,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £201,910 | £200,000 | 99 PROPELAIR WAY |
22 Jun 2023 | £194,578 | £193,000 | 63 WOODS COURT PROPELAIR WAY |
24 Apr 2023 | £357,658 | £355,000 | 13 ENGINEERS SQUARE |
3 Mar 2023 | £201,087 | £200,000 | 129 PROPELAIR WAY |
17 Feb 2023 | £190,101 | £191,000 | 60 WOODS COURT PROPELAIR WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Aug 2019. Using an estimated price of £197,930 means this house is valued at £3,298 per sq meter (£306 per sq foot).
The average size of a house on PROPELAIR WAY is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Engineers Square |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Aerofoil Grove |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tufnell Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Wood Mews |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Celandine Court |