£307,115
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Apr 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Beech Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £180,000 | 27 Apr 2012 |
| £59,995 | 8 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 685 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 April 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £180,000 results in an estimated price of approximately £307,115.
| 27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £180,000 | £127,115 | £307,115 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 63.274 % | £113,892 | £293,892 |
| 3 Month Average | 64.206 % | £115,571 | £295,571 |
| 6 Month Average | 68.565 % | £123,417 | £303,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £319,734 | £315,000 | 291 OLD HEATH ROAD |
| 7 Nov 2023 | £279,133 | £275,000 | 32 COTTAGE DRIVE |
| 2 Nov 2023 | £254,772 | £251,000 | 160 SPEEDWELL ROAD |
| 30 Jun 2023 | £232,820 | £230,000 | 16 FINGRINGHOE ROAD |
| 27 Mar 2023 | £514,851 | £510,000 | 6 GRANGE WAY BUSINESS PARK |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 20 Jun 2011. Using an estimated price of £307,116 means this house is valued at £4,821 per sq meter (£447 per sq foot).
The average size of a house on OLD HEATH ROAD is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Beech Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bus/Coach Station |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bus/Coach Station |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bus/Coach Station |