£236,941
This estimated value is based upon the latest sale price for the house of £141,500 on 28 May 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £141,500 | 28 May 2010 |
| £84,000 | 5 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 46 sq meters or 495 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 May 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.450%.Applying this 67.450% change to the original purchase price of £141,500 results in an estimated price of approximately £236,941.
| 28 May 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.450 % | £141,500 | £95,441 | £236,941 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 103.371 % | £146,269 | £287,769 |
| 3 Month Average | 87.669 % | £124,051 | £265,551 |
| 6 Month Average | 94.997 % | £134,421 | £275,921 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 3 Jun 2013.
The average size of a house on WEEL ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weel Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Weel Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weel Road |
| Mar 2024 | Robbery | Under investigation | On or near Park View |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crescent Road |