£347,824
This estimated value is based upon the latest sale price for the house of £340,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 30 Mar 2022 |
| £245,000 | 28 Aug 2015 |
| £190,000 | 9 Mar 2007 |
| £139,000 | 19 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £340,000 results in an estimated price of approximately £347,824.
| 30 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £340,000 | £7,824 | £347,824 |
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 | 12.185 % | £41,429 | £381,429 |
| 3 Month Average | -3.049 % | £-10,366 | £329,633 |
| 6 Month Average | -0.524 % | £-1,781 | £338,218 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Jun 2015.
The average size of a house on SPENCER GARDENS is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Gardens |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Vaughan Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Vaughan Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vaughan Close |
| Jan 2024 | Other theft | Under investigation | On or near Vaughan Close |