£268,461
This estimated value is based upon the latest sale price for the house of £158,000 on 5 Mar 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Homefield Road
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| Price Paid | Date |
|---|---|
| £158,000 | 5 Mar 2010 |
| £144,000 | 30 Jul 2004 |
| £91,500 | 18 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 917 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 March 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £158,000 results in an estimated price of approximately £268,461.
| 5 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £158,000 | £110,461 | £268,461 |
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 | 33.871 % | £53,516 | £211,516 |
| 3 Month Average | 42.026 % | £66,400 | £224,400 |
| 6 Month Average | 74.515 % | £117,734 | £275,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £200,468 | £197,500 | FLAT 5 CRITTALL COURT BRAINTREE ROAD |
| 27 Apr 2023 | £399,299 | £395,000 | 9 RICKSTONES ROAD |
| 10 Mar 2023 | £179,188 | £177,500 | FLAT 14 CRITTALL COURT BRAINTREE ROAD |
| 24 Feb 2023 | £299,798 | £300,000 | 7 MEDLAR CLOSE |
| 8 Feb 2023 | £439,704 | £440,000 | 20 RICKSTONES ROAD |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 22 May 2009. Using an estimated price of £268,462 means this house is valued at £3,150 per sq meter (£292 per sq foot).
The average size of a house on HOMEFIELD ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Homefield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Homefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homefield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Homefield Road |
| Mar 2024 | Other theft | Under investigation | On or near Cypress Road |