£270,986
This estimated value is based upon the latest sale price for the house of £168,500 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £168,500 | 23 Feb 2007 |
| £128,000 | 11 Apr 2003 |
| £53,000 | 26 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
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 February 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.823%.Applying this 60.823% change to the original purchase price of £168,500 results in an estimated price of approximately £270,986.
| 23 Feb 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 146.7 | 60.823 % | £168,500 | £102,486 | £270,986 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 54.537 % | £91,894 | £260,394 |
| 3 Month Average | 54.176 % | £91,286 | £259,786 |
| 6 Month Average | 65.741 % | £110,772 | £279,272 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Chase |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Red Road |
| Jan 2024 | Other theft | Under investigation | On or near Potiphar Place |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Potiphar Place |