£785,123
This estimated value is based upon the latest sale price for the house of £639,995 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£639,995 | 19 Dec 2019 |
Detached |
Freehold |
Floor Area: 172 sq meters or 1,851 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £639,995 results in an estimated price of approximately £785,123.
19 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £639,995 | £145,128 | £785,123 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -18.702 % | £-119,692 | £520,302 |
3 Month Average | -9.221 % | £-59,011 | £580,983 |
6 Month Average | 4.930 % | £31,550 | £671,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £395,861 | £390,000 | 22 HALSTON PLACE |
19 Aug 2022 | £629,555 | £631,250 | 6 RANDOLPH CLOSE |
4 Feb 2022 | £424,721 | £405,000 | 9 LINCOLN WAY |
30 Sep 2021 | £301,726 | £280,000 | 52 FALCON FIELDS |
22 Apr 2021 | £352,869 | £312,500 | 3 HALSTON PLACE |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 20 Nov 2019. Using an estimated price of £785,123 means this house is valued at £4,564 per sq meter (£424 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Randolph Close |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Lincoln Way |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hereford Place |
Mar 2024 | Anti-social behaviour | On or near Hereford Place | |
Jan 2024 | Robbery | Awaiting court outcome | On or near Hereford Place |