£300,713
This estimated value is based upon the latest sale price for the house of £165,000 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£165,000 | 7 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,131 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 October 2005 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £165,000 results in an estimated price of approximately £300,713.
7 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £165,000 | £135,713 | £300,713 |
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 | 36.669 % | £60,504 | £225,504 |
3 Month Average | 35.538 % | £58,637 | £223,637 |
6 Month Average | 64.332 % | £106,147 | £271,147 |
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 105 sq meters or 1,131 sq feet when measured on 11 May 2011. Using an estimated price of £300,713 means this house is valued at £2,861 per sq meter (£265 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 |