£476,958
This estimated value is based upon the latest sale price for the house of £285,000 on 17 Jan 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 17 Jan 2013 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 January 2013 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.354%.Applying this 67.354% change to the original purchase price of £285,000 results in an estimated price of approximately £476,958.
| 17 Jan 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.354 % | £285,000 | £191,958 | £476,958 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 44.773 % | £127,602 | £412,602 |
| 3 Month Average | 43.414 % | £123,731 | £408,731 |
| 6 Month Average | 49.807 % | £141,949 | £426,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £483,459 | £475,000 | 21 ACACIA DRIVE |
| 25 Aug 2022 | £598,389 | £600,000 | 61A SPITAL ROAD |
| 15 Jan 2020 | £340,300 | £279,000 | 72 SPITAL ROAD |
| 22 Nov 2019 | £441,520 | £360,000 | 12 NORFOLK CLOSE |
| 23 May 2019 | £360,952 | £292,000 | 18 SUFFOLK ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 25 Jul 2012.
The average size of a house on NORFOLK ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Norfolk Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Washington Close |
| Feb 2024 | Other theft | Under investigation | On or near Suffolk Road |