£372,173
This estimated value is based upon the latest sale price for the house of £317,500 on 15 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £317,500 | 15 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £317,500 results in an estimated price of approximately £372,173.
| 15 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £317,500 | £54,673 | £372,173 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -2.029 % | £-6,441 | £311,058 |
| 3 Month Average | 12.499 % | £39,685 | £357,185 |
| 6 Month Average | 0.043 % | £137 | £317,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £459,016 | £455,000 | 42 ASHINGDON ROAD |
| 25 Jun 2021 | £300,419 | £280,000 | 34 SOMERSET AVENUE |
| 7 May 2021 | £331,101 | £293,000 | 64 ASHINGDON ROAD |
| 23 Oct 2020 | £322,598 | £275,000 | 26 HERITAGE WAY |
| 11 Sep 2020 | £334,842 | £282,000 | 119 ROCHFORD GARDEN WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Jan 2013.
The average size of a house on SOMERSET AVENUE is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Somerset Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Somerset Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Percy Cottis Road |
| Dec 2023 | Anti-social behaviour | On or near Percy Cottis Road | |
| Dec 2023 | Anti-social behaviour | On or near Percy Cottis Road |