£476,462
This estimated value is based upon the latest sale price for the house of £380,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £380,000 | 18 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £380,000 results in an estimated price of approximately £476,462.
| 18 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £380,000 | £96,462 | £476,462 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -37.971 % | £-144,290 | £235,709 |
| 3 Month Average | 6.439 % | £24,469 | £404,469 |
| 6 Month Average | 13.845 % | £52,610 | £432,610 |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 28 Jul 2016.
The average size of a house on PARK GARDENS is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Burglary | Under investigation | On or near Victor Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victor Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |