£295,087
This estimated value is based upon the latest sale price for the house of £245,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£245,000 | 6 Mar 2020 |
£174,995 | 2 Jul 2014 |
£140,000 | 4 Nov 2010 |
£168,000 | 23 Jan 2008 |
£98,500 | 3 Jan 2002 |
£58,000 | 30 Apr 1999 |
£50,000 | 10 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £245,000 results in an estimated price of approximately £295,087.
6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £245,000 | £50,087 | £295,087 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -16.712 % | £-40,945 | £204,054 |
3 Month Average | -24.658 % | £-60,412 | £184,587 |
6 Month Average | 0.027 % | £65 | £245,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £392,816 | £387,000 | 125 CRESSING ROAD |
1 Sep 2023 | £354,533 | £350,000 | 36 GLEBE CRESCENT |
10 May 2022 | £305,761 | £300,000 | 133 CRESSING ROAD |
10 Jan 2022 | £384,129 | £365,000 | 162 CHURCH STREET |
29 Nov 2021 | £341,218 | £315,500 | 139 CRESSING ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 Oct 2014. Using an estimated price of £295,087 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on CHURCH STREET is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Southcote Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Southcote Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southcote Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Southcote Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southcote Road |