£511,920
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Aug 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Blackwater Avenue
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| Price Paid | Date |
|---|---|
| £300,000 | 11 Aug 2011 |
| £270,000 | 13 Mar 2009 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,744 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 August 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.640%.Applying this 70.640% change to the original purchase price of £300,000 results in an estimated price of approximately £511,920.
| 11 Aug 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.640 % | £300,000 | £211,920 | £511,920 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 63.333 % | £189,999 | £489,999 |
| 3 Month Average | 46.382 % | £139,145 | £439,145 |
| 6 Month Average | 70.093 % | £210,279 | £510,279 |
This house has a floor area of 162 sq meters or 1,744 sq feet when measured on 7 Feb 2011.
The average size of a house on PARSONS HEATH is 119 sq meters (1,287 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blackwater Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackwater Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Blackwater Avenue |
| Feb 2024 | Anti-social behaviour | On or near Roach Vale | |
| Feb 2024 | Anti-social behaviour | On or near Roach Vale |