£127,754
This estimated value is based upon the latest sale price for the house of £80,000 on 24 May 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £80,000 | 24 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 May 2007 the House Price Index for ESSEX was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £80,000 results in an estimated price of approximately £127,754.
| 24 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £80,000 | £47,754 | £127,754 |
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 | 34.743 % | £27,794 | £107,794 |
| 3 Month Average | 49.562 % | £39,649 | £119,649 |
| 6 Month Average | 58.061 % | £46,448 | £126,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £397,855 | £392,500 | 63 ROCHFORD GARDEN WAY |
| 15 Jun 2023 | £328,985 | £325,000 | 3 TYLNEY AVENUE |
| 28 Apr 2023 | £303,265 | £300,000 | 6 TYLNEY AVENUE |
| 14 Apr 2023 | £304,276 | £301,000 | 25 TYLNEY AVENUE |
| 31 Jan 2023 | £378,218 | £380,000 | 65 THE DRIVE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 18 Aug 2021. Using an estimated price of £127,754 means this house is valued at £3,115 per sq meter (£289 per sq foot).
The average size of a house on ROCHFORD GARDEN WAY is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tylney Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tylney Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Boulevard |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Boulevard |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Boulevard |