£497,976
This estimated value is based upon the latest sale price for the house of £430,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 23 Oct 2020 |
| £410,000 | 2 Aug 2019 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £430,000 results in an estimated price of approximately £497,976.
| 23 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £430,000 | £67,976 | £497,976 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 15.819 % | £68,021 | £498,021 |
| 3 Month Average | 14.750 % | £63,424 | £493,424 |
| 6 Month Average | 16.085 % | £69,163 | £499,163 |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 22 Jan 2018.
The average size of a house on NEWLANDS ROAD is 82 sq meters (884 sq feet).
This house is the largest in the street with a floor area of 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Further action is not in the public interest | On or near Heeswyk Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nevada Road |
| Feb 2024 | Anti-social behaviour | On or near Corona Road | |
| Feb 2024 | Anti-social behaviour | On or near Corona Road | |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Corona Road |