£507,284
This estimated value is based upon the latest sale price for the house of £390,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 4 Nov 2016 |
| £220,000 | 25 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,023 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 November 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £390,000 results in an estimated price of approximately £507,284.
| 4 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £390,000 | £117,284 | £507,284 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -13.372 % | £-52,152 | £337,847 |
| 3 Month Average | 11.395 % | £44,440 | £434,440 |
| 6 Month Average | 24.406 % | £95,183 | £485,183 |
This house has a floor area of 95 sq meters or 1,023 sq feet when measured on 29 Nov 2008.
The average size of a house on HOSPITAL ROAD is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gray Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Creffield Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Creffield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellesley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Keble Close |