£90,005
This estimated value is based upon the latest sale price for the house of £26,000 on 12 Apr 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £26,000 | 12 Apr 2001 |
| £19,000 | 28 Sep 2000 |
| £17,000 | 30 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 April 2001 the House Price Index for ESSEX was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £26,000 results in an estimated price of approximately £90,005.
| 12 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £26,000 | £64,005 | £90,005 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 307.157 % | £79,860 | £105,860 |
| 3 Month Average | 177.391 % | £46,121 | £72,121 |
| 6 Month Average | 190.803 % | £49,608 | £75,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £199,922 | £197,500 | 25 FAIRFIELD ROAD |
| 23 Jun 2023 | £187,268 | £185,000 | 23 CROSSFIELD ROAD |
| 15 Jul 2022 | £185,499 | £185,000 | 21 CROSSFIELD ROAD |
| 1 Jun 2022 | £200,331 | £197,500 | 9 CAMBRIDGE ROAD |
| 9 May 2022 | £257,349 | £252,500 | 2 FAIRFIELD ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 7 Jun 2021. Using an estimated price of £90,006 means this house is valued at £2,307 per sq meter (£214 per sq foot).
The average size of a house on FAIRFIELD ROAD is 82 sq meters (892 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfield Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairfield Road |
| Jan 2024 | Other theft | Under investigation | On or near Fairfield Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Crossfield Road |
| Jan 2024 | Anti-social behaviour | On or near Crossfield Road |