£450,916
This estimated value is based upon the latest sale price for the house of £365,000 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £365,000 | 27 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £365,000 results in an estimated price of approximately £450,916.
| 27 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £365,000 | £85,916 | £450,916 |
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 | 0.556 % | £2,030 | £367,030 |
| 3 Month Average | -3.852 % | £-14,060 | £350,939 |
| 6 Month Average | 6.917 % | £25,248 | £390,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £483,459 | £475,000 | 21 ACACIA DRIVE |
| 28 Sep 2023 | £288,691 | £285,000 | ALBERTA, 31A SPITAL ROAD |
| 31 Mar 2023 | £403,804 | £400,000 | 39 SPITAL ROAD |
| 16 Aug 2022 | £326,621 | £327,500 | 80 ORCHARD ROAD |
| 14 Apr 2022 | £355,281 | £345,000 | 4 ORCHARD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Sep 2017. Using an estimated price of £450,917 means this house is valued at £5,182 per sq meter (£481 per sq foot).
The average size of a house on ACACIA DRIVE is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Norfolk Close |