£259,307
This estimated value is based upon the latest sale price for the house of £174,500 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £174,500 | 30 Jan 2015 |
| £165,000 | 16 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 January 2015 the House Price Index for ESSEX was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £174,500 results in an estimated price of approximately £259,307.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £174,500 | £84,807 | £259,307 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 1.526 % | £2,662 | £177,162 |
| 3 Month Average | 34.443 % | £60,103 | £234,603 |
| 6 Month Average | 35.473 % | £61,899 | £236,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £380,116 | £375,000 | 77 RECTORY AVENUE |
| 10 Nov 2022 | £568,118 | £575,000 | 24 HOGARTH WAY |
| 21 Sep 2022 | £367,036 | £370,000 | 2 AVON CLOSE |
| 29 Jul 2022 | £501,350 | £500,000 | 2 REYNOLDS GARDENS |
| 15 Jul 2022 | £433,166 | £432,000 | 12 REYNOLDS GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Jul 2020. Using an estimated price of £259,307 means this house is valued at £3,704 per sq meter (£344 per sq foot).
The average size of a house on RECTORY AVENUE is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avon Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Avon Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Hogarth Way |
| Jan 2024 | Anti-social behaviour | On or near Hogarth Way |