£732,262
This estimated value is based upon the latest sale price for the house of £430,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 28 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,509 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 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £430,000 results in an estimated price of approximately £732,262.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £430,000 | £302,262 | £732,262 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -7.937 % | £-34,127 | £395,872 |
| 3 Month Average | 45.337 % | £194,950 | £624,950 |
| 6 Month Average | 59.441 % | £255,596 | £685,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £453,971 | £450,000 | 51 BROAD WALK |
| 28 Jul 2023 | £881,869 | £870,000 | 39 GLENCROFTS |
| 24 Sep 2021 | £377,696 | £350,500 | 57 BROAD WALK |
| 21 Sep 2021 | £781,255 | £725,000 | 32 GLENCROFTS |
| 19 Aug 2021 | £384,887 | £345,000 | 55 BROAD WALK |
This house has a floor area of 140 sq meters or 1,509 sq feet when measured on 9 Mar 2012. Using an estimated price of £732,263 means this house is valued at £5,220 per sq meter (£484 per sq foot).
The average size of a house on GLENCROFTS is 152 sq meters (1,644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near White Hart Lane |
| Feb 2024 | Burglary | Under investigation | On or near Victor Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victor Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Walk |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill Lane |