£418,114
This estimated value is based upon the latest sale price for the house of £339,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £339,000 | 31 Jul 2019 |
| £224,995 | 27 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,120 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 £339,000 results in an estimated price of approximately £418,114.
| 31 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £339,000 | £79,114 | £418,114 |
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 | 27.781 % | £94,178 | £433,178 |
| 3 Month Average | 3.498 % | £11,858 | £350,858 |
| 6 Month Average | 17.603 % | £59,673 | £398,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £611,853 | £606,500 | ASTON HOUSE, 451 MILL ROAD |
| 24 Feb 2023 | £384,741 | £385,000 | 5 HALE WAY |
| 20 Jan 2023 | £134,367 | £135,000 | 54 ST JAMES PLACE |
| 16 Sep 2022 | £513,354 | £517,500 | 10 HALE WAY |
| 24 Aug 2022 | £154,584 | £155,000 | 70 ST JAMES PLACE |
This house has a floor area of 104 sq meters or 1,120 sq feet when measured on 4 Mar 2011. Using an estimated price of £418,114 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on HALE WAY is 156 sq meters (1,684 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hale Way | |
| Jan 2024 | Anti-social behaviour | On or near Hale Way | |
| Jan 2024 | Anti-social behaviour | On or near Hale Way | |
| Feb 2024 | Anti-social behaviour | On or near Parker Road | |
| Feb 2024 | Anti-social behaviour | On or near Parker Road |