£244,609
This estimated value is based upon the latest sale price for the house of £240,000 on 30 May 2022. 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 Pennyroyal Crescent
More crime details
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Price Paid | Date |
---|---|
£240,000 | 30 May 2022 |
£205,000 | 19 Jun 2020 |
£58,000 | 24 Jan 2001 |
Terraced |
Freehold |
Floor Area: 41 sq meters or 441 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £240,000 results in an estimated price of approximately £244,609.
30 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £240,000 | £4,609 | £244,609 |
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 | -54.430 % | £-130,632 | £109,367 |
3 Month Average | -12.744 % | £-30,584 | £209,415 |
6 Month Average | -6.641 % | £-15,938 | £224,061 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £303,265 | £300,000 | 9 BUTTERCUP WALK |
11 Apr 2023 | £303,265 | £300,000 | 11 BRAMBLE ROAD |
15 Jul 2022 | £265,715 | £265,000 | 3 PRIMROSE PLACE |
30 Jun 2022 | £322,558 | £318,000 | 41 PENNYROYAL CRESCENT |
27 Jun 2022 | £299,229 | £295,000 | 7 BUTTERCUP WALK |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 6 Jun 2011. Using an estimated price of £244,609 means this house is valued at £5,963 per sq meter (£553 per sq foot).
The average size of a house on PENNYROYAL CRESCENT is 70 sq meters (754 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennyroyal Crescent |
Jan 2024 | Other theft | Local resolution | On or near Pennyroyal Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennyroyal Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bluebell Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bluebell Close |