£286,883
This estimated value is based upon the latest sale price for the house of £230,000 on 15 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Pennyroyal Crescent
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Price Paid | Date |
---|---|
£230,000 | 15 May 2018 |
£153,000 | 26 Aug 2010 |
£157,000 | 29 Aug 2008 |
£75,000 | 16 Mar 2001 |
£56,000 | 29 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 630 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £230,000 results in an estimated price of approximately £286,883.
15 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £230,000 | £56,883 | £286,883 |
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 | -23.194 % | £-53,346 | £176,653 |
3 Month Average | -14.207 % | £-32,676 | £197,323 |
6 Month Average | 9.412 % | £21,647 | £251,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £322,824 | £320,000 | 15 CAMPION WAY |
21 Apr 2023 | £303,265 | £300,000 | 9 BUTTERCUP WALK |
11 Apr 2023 | £303,265 | £300,000 | 11 BRAMBLE ROAD |
15 Jul 2022 | £265,715 | £265,000 | 3 PRIMROSE PLACE |
30 Jun 2022 | £322,558 | £318,000 | 41 PENNYROYAL CRESCENT |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 11 Mar 2010. Using an estimated price of £286,883 means this house is valued at £4,895 per sq meter (£454 per sq foot).
The average size of a house on PENNYROYAL CRESCENT is 70 sq meters (754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennyroyal Crescent |
Jan 2024 | Other theft | Local resolution | On or near Pennyroyal Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennyroyal Crescent |
Mar 2024 | Anti-social behaviour | On or near Bramble Road | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bramble Road |