£415,418
This estimated value is based upon the latest sale price for the house of £276,000 on 15 Sep 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £276,000 | 15 Sep 2014 |
| £234,995 | 11 Jun 2004 |
| £174,000 | 29 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £276,000 results in an estimated price of approximately £415,418.
| 15 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £276,000 | £139,418 | £415,418 |
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 | 27.363 % | £75,522 | £351,522 |
| 3 Month Average | 31.014 % | £85,599 | £361,599 |
| 6 Month Average | 42.853 % | £118,273 | £394,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £463,103 | £455,000 | 44 GOLDEN CROSS ROAD |
| 25 Feb 2022 | £440,452 | £420,000 | 69 VICTORY LANE |
| 21 Jan 2022 | £396,232 | £376,500 | 16 GOLDEN CROSS ROAD |
| 19 Nov 2021 | £340,677 | £315,000 | 39 VICTORY LANE |
| 22 Oct 2021 | £417,695 | £377,500 | 14 GOLDEN CROSS ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 10 Apr 2014. Using an estimated price of £415,418 means this house is valued at £3,742 per sq meter (£347 per sq foot).
The average size of a house on NELSON ROAD is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Golden Cross Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nansen Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nansen Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nansen Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canewdon View Road |