£518,152
This estimated value is based upon the latest sale price for the house of £505,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £505,000 | 3 Nov 2023 |
| £490,000 | 29 Jan 2021 |
| £400,000 | 11 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 November 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £505,000 results in an estimated price of approximately £518,152.
| 3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £505,000 | £13,152 | £518,152 |
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 | 72.155 % | £364,383 | £869,383 |
| 3 Month Average | 1.529 % | £7,721 | £512,721 |
| 6 Month Average | -7.240 % | £-36,560 | £468,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £398,460 | £395,000 | 43 HAYGREEN ROAD |
| 18 Dec 2023 | £353,874 | £343,000 | 15 SNEEZUM WALK |
| 3 Nov 2023 | £518,153 | £505,000 | 8 OWERS ROAD |
| 9 Oct 2023 | £373,483 | £365,000 | 1 PAYNE CLOSE |
| 30 Jun 2023 | £377,566 | £370,000 | 4 SNEEZUM WALK |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 20 Oct 2015. Using an estimated price of £518,153 means this house is valued at £3,431 per sq meter (£318 per sq foot).
The average size of a house on OWERS ROAD is 224 sq meters (2,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haygreen Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sneezum Walk |
| Jun 2024 | Other theft | Under investigation | On or near Sneezum Walk |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sneezum Walk |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Duncombe Close |