£627,520
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 30 Jan 2018 |
| £355,000 | 16 Jun 2006 |
| £154,500 | 4 Dec 1998 |
| Detached |
| Freehold |
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 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £500,000 results in an estimated price of approximately £627,520.
| 30 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £500,000 | £127,520 | £627,520 |
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 | -15.734 % | £-78,668 | £421,331 |
| 3 Month Average | -12.087 % | £-60,436 | £439,563 |
| 6 Month Average | -0.817 % | £-4,084 | £495,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £380,116 | £375,000 | 22 SAWYERS ROAD |
| 3 Feb 2023 | £509,657 | £510,000 | 14 FIELD VIEW DRIVE |
| 3 Aug 2022 | £513,617 | £515,000 | UPPER SPRINGS THE STREET |
| 16 Feb 2022 | £585,172 | £558,000 | SEASONS SCHOOL ROAD |
| 4 Feb 2022 | £511,763 | £488,000 | PINK GABLES BAKERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Post Office Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sawyer'S Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sawyer'S Road |
| Jan 2024 | Other theft | Under investigation | On or near Brick House Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Beckingham Street |