£502,016
This estimated value is based upon the latest sale price for the house of £400,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £400,000 | 19 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 227 sq meters or 2,443 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 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 £400,000 results in an estimated price of approximately £502,016.
| 19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £400,000 | £102,016 | £502,016 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -9.624 % | £-38,494 | £361,505 |
| 3 Month Average | -2.791 % | £-11,162 | £388,837 |
| 6 Month Average | -2.345 % | £-9,379 | £390,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £680,068 | £670,000 | JASMIN COTTAGE ULVERSTON ROAD |
| 24 Feb 2023 | £202,364 | £202,500 | FLAT 16 ASPEN GREEN, 543 ASHINGDON ROAD |
| 22 Feb 2023 | £419,718 | £420,000 | ELIZABETH LODGE CANEWDON ROAD |
| 14 Jun 2022 | £588,314 | £580,000 | RESTA RADNOR ROAD |
| 23 Feb 2022 | £230,713 | £220,000 | FLAT 10 ASPEN GREEN, 543 ASHINGDON ROAD |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 31 Oct 2021. Using an estimated price of £502,016 means this house is valued at £2,211 per sq meter (£205 per sq foot).
The average size of a house on ELLESMERE ROAD is 125 sq meters (1,347 sq feet).
This house is the largest in the street with a floor area of 227 sq meters (2,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Fambridge Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Church Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Road |