£420,332
This estimated value is based upon the latest sale price for the house of £313,000 on 16 May 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £313,000 | 16 May 2016 |
| £168,000 | 15 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £313,000 results in an estimated price of approximately £420,332.
| 16 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £313,000 | £107,332 | £420,332 |
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 % | £117,123 | £430,123 |
| 3 Month Average | 21.756 % | £68,096 | £381,096 |
| 6 Month Average | 29.683 % | £92,908 | £405,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £453,971 | £450,000 | 9 MORNINGTON AVENUE |
| 8 Aug 2023 | £358,133 | £355,000 | 3 STAMBRIDGE ROAD |
| 10 Feb 2023 | £434,707 | £435,000 | 58 STAMBRIDGE ROAD |
| 10 Jan 2023 | £437,937 | £440,000 | 10 MORNINGTON AVENUE |
| 28 Nov 2022 | £316,170 | £320,000 | 48 STAMBRIDGE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 6 Apr 2011. Using an estimated price of £420,332 means this house is valued at £6,664 per sq meter (£619 per sq foot).
The average size of a house on MORNINGTON AVENUE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mornington Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rocheway |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rocheway |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rocheway |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rocheway |