£688,417
This estimated value is based upon the latest sale price for the house of £538,000 on 7 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £538,000 | 7 Mar 2017 |
| £104,995 | 22 May 2001 |
| £53,000 | 24 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 257 sq meters or 2,766 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 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £538,000 results in an estimated price of approximately £688,417.
| 7 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £538,000 | £150,417 | £688,417 |
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 | 22.231 % | £119,601 | £657,601 |
| 3 Month Average | 23.143 % | £124,507 | £662,507 |
| 6 Month Average | 34.399 % | £185,064 | £723,064 |
This house has a floor area of 257 sq meters or 2,766 sq feet when measured on 9 Oct 2016.
There is one other house on the street which we know the size of, this is 5 RAY CLOSE it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lambourne |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambourne |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayland Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Beverley Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Beverley Avenue |