£397,117
This estimated value is based upon the latest sale price for the house of £322,500 on 10 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £322,500 | 10 May 2018 |
| £105,000 | 4 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,079 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 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £322,500 results in an estimated price of approximately £397,117.
| 10 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £322,500 | £74,617 | £397,117 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -13.211 % | £-42,606 | £279,893 |
| 3 Month Average | 13.656 % | £44,042 | £366,542 |
| 6 Month Average | 20.690 % | £66,726 | £389,226 |
This house has a floor area of 100 sq meters or 1,079 sq feet when measured on 26 Jun 2009.
The average size of a house on WORDSWORTH ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Church Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexden Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Keats Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Keats Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lexden Mews |