£350,145
This estimated value is based upon the latest sale price for the house of £267,000 on 27 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £267,000 | 27 Sep 2016 |
| £111,500 | 29 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £267,000 results in an estimated price of approximately £350,145.
| 27 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £267,000 | £83,145 | £350,145 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 1695.158 % | £4,526,070 | £4,793,070 |
| 3 Month Average | 25.477 % | £68,022 | £335,022 |
| 6 Month Average | 17.544 % | £46,842 | £313,842 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 23 Aug 2016.
The average size of a house on SCARLETTS ROAD is 82 sq meters (890 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
| Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
| Jan 2024 | Other theft | Under investigation | On or near Belmont Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Belmont Place |
| Feb 2024 | Other theft | Under investigation | On or near Smiths Field |