£238,428
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 28 Oct 2016 |
| £40,000 | 13 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £180,000 results in an estimated price of approximately £238,428.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £180,000 | £58,428 | £238,428 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 36.990 % | £66,581 | £246,581 |
| 3 Month Average | 40.861 % | £73,548 | £253,548 |
| 6 Month Average | 30.210 % | £54,377 | £234,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £298,821 | £295,000 | 5 OCKENDON WAY |
| 6 Apr 2023 | £439,735 | £435,000 | 12 OCKENDON WAY |
| 9 Aug 2022 | £256,809 | £257,500 | 25 ROCHFORD WAY |
| 28 Sep 2021 | £280,169 | £259,995 | 8 CLAYS ROAD |
| 24 Jun 2021 | £305,783 | £285,000 | 3 PHILIP CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 26 Jul 2016. Using an estimated price of £238,429 means this house is valued at £3,845 per sq meter (£357 per sq foot).
The average size of a house on CLAYS ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pulpitfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Harrods |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lowe Chase |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Grove Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brambles |