£381,968
This estimated value is based upon the latest sale price for the house of £249,995 on 7 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £249,995 | 7 Jul 2014 |
| £70,000 | 15 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £249,995 results in an estimated price of approximately £381,968.
| 7 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £249,995 | £131,973 | £381,968 |
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 | 63.283 % | £158,203 | £408,198 |
| 3 Month Average | 72.925 % | £182,310 | £432,305 |
| 6 Month Average | 72.240 % | £180,595 | £430,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £258,303 | £255,000 | 40 DELFZUL ROAD |
| 13 Jul 2023 | £268,615 | £265,000 | 56 DELFZUL ROAD |
| 12 Jul 2023 | £278,752 | £275,000 | 16B METZ AVENUE |
| 21 Apr 2023 | £275,466 | £272,500 | 57 DELFZUL ROAD |
| 1 Feb 2023 | £297,300 | £297,500 | 36 METZ AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 4 Jul 2012. Using an estimated price of £381,969 means this house is valued at £3,156 per sq meter (£293 per sq foot).
The average size of a house on METZ AVENUE is 65 sq meters (705 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delfzul Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tongres Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tongres Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tongres Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smartt Avenue |