£310,765
This estimated value is based upon the latest sale price for the house of £257,000 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£257,000 | 27 Jul 2020 |
£83,000 | 12 Jul 2000 |
£66,000 | 29 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £257,000 results in an estimated price of approximately £310,765.
27 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £257,000 | £53,765 | £310,765 |
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 | 24.895 % | £63,979 | £320,979 |
3 Month Average | -16.000 % | £-41,118 | £215,881 |
6 Month Average | -1.283 % | £-3,296 | £253,703 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £327,407 | £323,000 | 9 JUNIPER CRESCENT |
20 Jul 2023 | £354,775 | £350,000 | 60 JUNIPER CRESCENT |
30 Jun 2023 | £340,373 | £336,250 | 40 JUNIPER CRESCENT |
23 Mar 2023 | £277,615 | £275,000 | 48 LABURNUM WAY |
16 Mar 2023 | £134,265 | £133,000 | 19A CYPRESS ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 16 Mar 2020. Using an estimated price of £310,765 means this house is valued at £3,452 per sq meter (£320 per sq foot).
The average size of a house on FOREST ROAD is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Juniper Crescent | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Juniper Crescent |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spruce Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mulberry Gardens |
Jan 2024 | Burglary | Under investigation | On or near Mulberry Gardens |