£336,905
This estimated value is based upon the latest sale price for the house of £265,000 on 12 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£265,000 | 12 Oct 2017 |
£165,000 | 19 May 2006 |
£80,700 | 19 Jun 2000 |
£71,995 | 30 Apr 1998 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £265,000 results in an estimated price of approximately £336,905.
12 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £265,000 | £71,905 | £336,905 |
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 | -26.449 % | £-70,090 | £194,909 |
3 Month Average | 27.587 % | £73,105 | £338,105 |
6 Month Average | 9.833 % | £26,057 | £291,057 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £348,282 | £342,000 | 11 JERSEY ROAD |
3 Feb 2023 | £483,228 | £480,000 | 23 RYDAL DRIVE |
25 Mar 2022 | £339,278 | £325,000 | 27 JERSEY ROAD |
9 Nov 2021 | £427,092 | £392,000 | 25 RYDAL DRIVE |
26 Nov 2020 | £694,922 | £595,000 | 3 MERMAID WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Nov 2014. Using an estimated price of £336,906 means this house is valued at £4,375 per sq meter (£406 per sq foot).
The average size of a house on BEAUMONT WAY is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mirosa Drive |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mirosa Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Mirosa Drive |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rydal Drive |
Jul 2024 | Public order | Under investigation | On or near Jersey Road |