£370,158
This estimated value is based upon the latest sale price for the house of £345,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 30 Jun 2021 |
| £256,000 | 10 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £345,000 results in an estimated price of approximately £370,158.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £345,000 | £25,158 | £370,158 |
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 | -7.701 % | £-26,567 | £318,432 |
| 3 Month Average | 7.582 % | £26,159 | £371,159 |
| 6 Month Average | -2.311 % | £-7,972 | £337,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £358,305 | £353,000 | 16 RECTORY AVENUE |
| 21 Jul 2023 | £290,915 | £287,000 | 32 DORSET GARDENS |
| 19 Jun 2023 | £328,985 | £325,000 | 35 DORSET GARDENS |
| 24 Mar 2023 | £292,758 | £290,000 | 29 DORSET GARDENS |
| 27 Jan 2023 | £320,490 | £322,000 | 40 DORSET GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 6 Apr 2016. Using an estimated price of £370,159 means this house is valued at £4,870 per sq meter (£452 per sq foot).
The average size of a house on RECTORY AVENUE is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avon Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Avon Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwall Gardens |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Rutland Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rutland Gardens |