£310,857
This estimated value is based upon the latest sale price for the house of £217,500 on 3 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £217,500 | 3 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £217,500 results in an estimated price of approximately £310,857.
| 3 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £217,500 | £93,357 | £310,857 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | -19.867 % | £-43,211 | £174,288 |
| 3 Month Average | 36.152 % | £78,630 | £296,130 |
| 6 Month Average | 31.950 % | £69,490 | £286,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £420,967 | £421,250 | 14 HEATHER DRIVE |
| 27 Jan 2023 | £517,562 | £520,000 | 659 LONDON ROAD |
| 16 Sep 2022 | £396,796 | £400,000 | FLAT 8 SALVATION VIEW, 1 ALMA ROAD |
| 9 Sep 2022 | £520,794 | £525,000 | FLAT 7 SALVATION VIEW, 1 ALMA ROAD |
| 22 Jul 2022 | £381,026 | £380,000 | 18 WOODFIELD ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Jun 2015. Using an estimated price of £310,857 means this house is valued at £4,782 per sq meter (£444 per sq foot).
The average size of a house on WOODFIELD ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Heather Drive |
| Feb 2024 | Burglary | Under investigation | On or near Heather Drive |