£364,468
This estimated value is based upon the latest sale price for the house of £295,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £295,000 | 7 Jun 2019 |
| £275,000 | 27 Oct 2015 |
| £230,000 | 5 Jul 2012 |
| £230,000 | 30 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,208 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £295,000 results in an estimated price of approximately £364,468.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £295,000 | £69,468 | £364,468 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -11.124 % | £-32,816 | £262,183 |
| 3 Month Average | -2.414 % | £-7,122 | £287,877 |
| 6 Month Average | 15.386 % | £45,388 | £340,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £156,742 | £154,000 | 36 CHAPMAN PLACE |
| 11 Dec 2023 | £146,564 | £144,000 | 28 CHAPMAN PLACE |
| 28 Sep 2023 | £158,020 | £156,000 | 1 CHAPMAN PLACE |
| 25 Aug 2023 | £395,964 | £392,500 | 345 MILL ROAD |
| 25 Aug 2023 | £156,368 | £155,000 | 24 CHAPMAN PLACE |
This house has a floor area of 112 sq meters or 1,208 sq feet when measured on 26 Mar 2010. Using an estimated price of £364,469 means this house is valued at £3,246 per sq meter (£301 per sq foot).
The average size of a house on ROPER CLOSE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Julian Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Julian Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Julian Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mortimer Gardens |
| Mar 2024 | Other crime | Under investigation | On or near Chapman Place |