£585,698
This estimated value is based upon the latest sale price for the house of £525,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £525,000 | 11 Aug 2021 |
| £320,000 | 31 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £525,000 results in an estimated price of approximately £585,698.
| 11 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £525,000 | £60,698 | £585,698 |
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 | -31.914 % | £-167,549 | £357,450 |
| 3 Month Average | -15.396 % | £-80,829 | £444,170 |
| 6 Month Average | -9.276 % | £-48,699 | £476,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £110,000 | £110,000 | 9 NORWICH HOUSE ASHINGDON ROAD |
| 31 Jul 2023 | £116,569 | £115,000 | 16 NORWICH HOUSE ASHINGDON ROAD |
| 2 Mar 2022 | £347,148 | £335,000 | 21 DORIC AVENUE |
| 20 Dec 2021 | £91,067 | £85,000 | 18 NORWICH HOUSE ASHINGDON ROAD |
| 15 Dec 2021 | £332,127 | £310,000 | 314 ASHINGDON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Mar 2017. Using an estimated price of £585,698 means this house is valued at £7,809 per sq meter (£725 per sq foot).
The average size of a house on CENTRAL AVENUE is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Central Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashingdon Road |
| Mar 2024 | Other theft | Under investigation | On or near Ashingdon Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Ashingdon Road |