£552,902
This estimated value is based upon the latest sale price for the house of £465,000 on 18 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £465,000 | 18 Mar 2020 |
| £465,000 | 18 Mar 2020 |
| £450,000 | 12 Aug 2016 |
| £295,000 | 31 Mar 2004 |
| £197,500 | 15 Sep 2000 |
| £132,000 | 14 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £465,000 results in an estimated price of approximately £552,902.
| 18 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £465,000 | £87,902 | £552,902 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 15.000 % | £69,750 | £534,750 |
| 3 Month Average | 6.727 % | £31,282 | £496,282 |
| 6 Month Average | 14.247 % | £66,247 | £531,247 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 22 Mar 2016.
The average size of a house on ROMAN WAY is 167 sq meters (1,800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Romans Farm Chase |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near The Cobbins |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cobbins Chase |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Southminster Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodcutters |