£437,841
This estimated value is based upon the latest sale price for the house of £354,995 on 29 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £354,995 | 29 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £354,995 results in an estimated price of approximately £437,841.
| 29 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £354,995 | £82,846 | £437,841 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -4.898 % | £-17,387 | £337,607 |
| 3 Month Average | -21.299 % | £-75,611 | £279,383 |
| 6 Month Average | -4.060 % | £-14,413 | £340,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £327,183 | £323,000 | 6 FLEMMING WAY |
| 26 Jul 2023 | £451,071 | £445,000 | 14 BROWN CLOSE |
| 24 Jul 2023 | £430,798 | £425,000 | 2 EVANS WAY |
| 15 Jun 2023 | £336,071 | £332,000 | 55 FLEMMING WAY |
| 31 Jan 2023 | £333,429 | £335,000 | 10 BROWN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Jul 2019. Using an estimated price of £437,842 means this house is valued at £4,919 per sq meter (£457 per sq foot).
The average size of a house on FLEMMING WAY is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bickmore Grove |
| Jan 2024 | Vehicle crime | Under investigation | On or near Newman Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newman Crescent |
| Dec 2023 | Criminal damage and arson | Action to be taken by another organisation | On or near Newman Crescent |