£1,592,498
This estimated value is based upon the latest sale price for the house of £1,600,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £1,600,000 | 26 Jan 2023 |
| 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 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,592,498.
| 26 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £1,600,000 | £-7,501 | £1,592,498 |
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 | -33.728 % | £-539,649 | £1,060,350 |
| 3 Month Average | -7.728 % | £-123,647 | £1,476,352 |
| 6 Month Average | 5.306 % | £84,895 | £1,684,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £124,341 | £122,500 | 39 LESNEY GARDENS |
| 2 Nov 2023 | £365,410 | £360,000 | 1 BARBARA CLOSE |
| 26 Jul 2023 | £374,034 | £369,000 | 25 BARBARA CLOSE |
| 26 Jan 2023 | £1,592,498 | £1,600,000 | MEADOWBROOK FARM IRONWELL LANE |
| 13 Jan 2023 | £111,475 | £112,000 | 35 LESNEY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ironwell Close |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ironwell Close |