£370,613
This estimated value is based upon the latest sale price for the house of £226,000 on 15 Jul 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £226,000 | 15 Jul 2013 |
| £90,000 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2013 the House Price Index for ESSEX was 89.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.988%.Applying this 63.988% change to the original purchase price of £226,000 results in an estimated price of approximately £370,613.
| 15 Jul 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 146.7 | 63.988 % | £226,000 | £144,613 | £370,613 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 61.421 % | £138,811 | £364,811 |
| 3 Month Average | 41.560 % | £93,925 | £319,925 |
| 6 Month Average | 63.918 % | £144,455 | £370,455 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Mar 2013.
The average size of a house on PARK ROAD is 152 sq meters (1,646 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fernlea Road |