£618,650
This estimated value is based upon the latest sale price for the house of £450,000 on 17 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £450,000 | 17 Nov 2015 |
| £316,000 | 22 Jul 2008 |
| £244,000 | 31 Jan 2003 |
| £102,500 | 20 May 1997 |
| Terraced |
| Freehold |
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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £450,000 results in an estimated price of approximately £618,650.
| 17 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £450,000 | £168,650 | £618,650 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | -3.036 % | £-13,663 | £436,336 |
| 3 Month Average | 17.422 % | £78,399 | £528,399 |
| 6 Month Average | 29.176 % | £131,293 | £581,293 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Alexandra Road |
| Mar 2024 | Anti-social behaviour | On or near King Edward Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near King Edward Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near King Edward Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near King Edward Road |