£409,051
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Oct 2013 |
| £170,000 | 1 May 2002 |
| £110,000 | 26 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £250,000 results in an estimated price of approximately £409,051.
| 3 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £250,000 | £159,051 | £409,051 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 15.963 % | £39,907 | £289,907 |
| 3 Month Average | 31.636 % | £79,089 | £329,089 |
| 6 Month Average | 47.907 % | £119,768 | £369,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £345,018 | £342,000 | 11 JERSEY ROAD |
| 4 Aug 2023 | £393,442 | £390,000 | 3 MIROSA DRIVE |
| 26 Jul 2023 | £689,277 | £680,000 | 9 MERMAID WAY |
| 19 Jul 2023 | £210,331 | £207,500 | 13 JERSEY ROAD |
| 14 Jul 2023 | £308,147 | £304,000 | 31 PARK DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Jun 2013. Using an estimated price of £409,051 means this house is valued at £5,050 per sq meter (£469 per sq foot).
The average size of a house on MIROSA DRIVE is 117 sq meters (1,265 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tideway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mirosa Drive |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Mirosa Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jersey Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thalatta Close |