£315,413
This estimated value is based upon the latest sale price for the house of £140,000 on 19 Sep 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 19 Sep 2003 |
| £83,000 | 14 Jul 2000 |
| £69,995 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2003 the House Price Index for ESSEX was 65.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 125.295%.Applying this 125.295% change to the original purchase price of £140,000 results in an estimated price of approximately £315,413.
| 19 Sep 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 146.7 | 125.295 % | £140,000 | £175,413 | £315,413 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 68.968 % | £96,554 | £236,554 |
| 3 Month Average | 89.525 % | £125,334 | £265,334 |
| 6 Month Average | 99.477 % | £139,268 | £279,268 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 30 Jan 2016.
The average size of a house on HERITAGE WAY is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heritage Way |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ironwell Close |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Ironwell Close |