£404,281
This estimated value is based upon the latest sale price for the house of £325,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 22 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £325,000 results in an estimated price of approximately £404,281.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £325,000 | £79,281 | £404,281 |
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 | -8.377 % | £-27,223 | £297,776 |
| 3 Month Average | -0.116 % | £-378 | £324,621 |
| 6 Month Average | 1.890 % | £6,143 | £331,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £353,089 | £350,000 | 59 WESTBURY |
| 1 Aug 2023 | £332,912 | £330,000 | 17 WESTBURY |
| 5 Jun 2023 | £349,230 | £345,000 | 7 BRAXTED CLOSE |
| 26 Jan 2023 | £373,242 | £375,000 | 1 BRAXTED CLOSE |
| 6 Jan 2023 | £413,054 | £415,000 | 17 HAINAULT AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Aug 2017. Using an estimated price of £404,281 means this house is valued at £4,211 per sq meter (£391 per sq foot).
The average size of a house on BANYARD WAY is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hainault Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hainault Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastbury Avenue |
| Mar 2024 | Drugs | Local resolution | On or near Eastbury Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastbury Avenue |