£487,855
This estimated value is based upon the latest sale price for the house of £272,500 on 18 Jan 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £272,500 | 18 Jan 2006 |
| £185,000 | 20 Feb 2004 |
| £46,500 | 30 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2006 the House Price Index for ESSEX was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £272,500 results in an estimated price of approximately £487,855.
| 18 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £272,500 | £215,355 | £487,855 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 148.922 % | £405,811 | £678,311 |
| 3 Month Average | 84.790 % | £231,053 | £503,553 |
| 6 Month Average | 81.053 % | £220,869 | £493,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £253,757 | £250,000 | 100 ROCHFORD WAY |
| 14 Jul 2023 | £283,769 | £279,950 | 6 LUMBER LEYS |
| 26 Jan 2023 | £413,054 | £415,000 | 19 GRANGE CLOSE |
| 18 Jan 2023 | £273,711 | £275,000 | 26 CEDAR CLOSE |
| 30 Sep 2022 | £257,917 | £260,000 | 105 ROCHFORD WAY |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 9 Apr 2014. Using an estimated price of £487,856 means this house is valued at £3,411 per sq meter (£316 per sq foot).
The average size of a house on LUMBER LEYS is 77 sq meters (833 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Rochford Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rochford Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rochford Way |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Rochford Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1336 |