£506,391
This estimated value is based upon the latest sale price for the house of £495,000 on 15 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £495,000 | 15 Mar 2022 |
| £75,000 | 18 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £495,000 results in an estimated price of approximately £506,391.
| 15 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £495,000 | £11,391 | £506,391 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 13.060 % | £64,644 | £559,644 |
| 3 Month Average | -22.979 % | £-113,747 | £381,252 |
| 6 Month Average | -5.927 % | £-29,339 | £465,660 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 12 Nov 2021.
The average size of a house on NORMAN ROAD is 78 sq meters (844 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Merrilees Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grenfell Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elmfield Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elmfield Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmfield Close |