£365,307
This estimated value is based upon the latest sale price for the house of £275,000 on 26 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 26 Sep 2016 |
| £150,000 | 15 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £275,000 results in an estimated price of approximately £365,307.
| 26 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £275,000 | £90,307 | £365,307 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 5.556 % | £15,280 | £290,280 |
| 3 Month Average | 9.140 % | £25,135 | £300,135 |
| 6 Month Average | 14.856 % | £40,854 | £315,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £368,973 | £365,000 | 55 NORTH STREET |
| 3 Mar 2023 | £333,139 | £330,000 | 34 BOBBING CLOSE |
| 4 Apr 2022 | £317,178 | £308,000 | 12 BOBBING CLOSE |
| 10 Mar 2022 | £323,832 | £312,500 | 47 THE DRIVE |
| 4 Feb 2022 | £340,826 | £325,000 | 57 THE DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 Jun 2016. Using an estimated price of £365,308 means this house is valued at £4,247 per sq meter (£394 per sq foot).
The average size of a house on THE DRIVE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Mark'S Field |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Mark'S Field |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Mark'S Field |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Mark'S Field |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near St Mark'S Field |