£262,482
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Jul 2023. 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 |
---|---|
£260,000 | 3 Jul 2023 |
£262,500 | 3 Jul 2023 |
£290,000 | 29 Jun 2018 |
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 July 2023 the House Price Index for ESSEX was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £260,000 results in an estimated price of approximately £262,482.
3 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £260,000 | £2,482 | £262,482 |
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 | -58.644 % | £-152,474 | £107,525 |
3 Month Average | -8.838 % | £-22,979 | £237,020 |
6 Month Average | -0.364 % | £-945 | £259,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £316,927 | £315,000 | 11 FAIRFIELD ROAD |
3 Jul 2023 | £262,483 | £260,000 | 3 HENRY PLACE, 7 - 9 THE MOUNT |
8 Jun 2023 | £292,371 | £290,000 | 11 RAILWAY SQUARE |
27 Feb 2023 | £1,891,056 | £1,900,000 | 159A KINGS ROAD |
7 Feb 2022 | £261,115 | £250,000 | 9 STATION PLACE, 114 - 118 KINGS ROAD |