£513,726
This estimated value is based upon the latest sale price for the house of £387,500 on 27 May 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Newhall
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| Price Paid | Date |
|---|---|
| £387,500 | 27 May 2016 |
| £140,000 | 15 May 2000 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £387,500 results in an estimated price of approximately £513,726.
| 27 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £387,500 | £126,226 | £513,726 |
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 | 37.420 % | £145,000 | £532,500 |
| 3 Month Average | 21.756 % | £84,304 | £471,804 |
| 6 Month Average | 29.683 % | £115,022 | £502,522 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 15 Feb 2016.
The average size of a house on WEDGWOOD WAY is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Newhall |
| Mar 2024 | Burglary | Under investigation | On or near Newhall |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macintyres Walk |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Doulton Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allerton Close |