£555,870
This estimated value is based upon the latest sale price for the house of £450,000 on 26 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £450,000 | 26 Feb 2019 |
| 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 February 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £450,000 results in an estimated price of approximately £555,870.
| 26 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £450,000 | £105,870 | £555,870 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -9.920 % | £-44,638 | £405,361 |
| 3 Month Average | -11.109 % | £-49,988 | £400,011 |
| 6 Month Average | 6.218 % | £27,979 | £477,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £374,792 | £370,000 | 12 CHURCH ROAD |
| 12 Aug 2022 | £436,824 | £438,000 | 366 LITTLE WAKERING ROAD |
| 4 Jul 2022 | £436,174 | £435,000 | 378 LITTLE WAKERING ROAD |
| 13 May 2022 | £1,080,357 | £1,060,000 | 2 MAGNA MEAD |
| 25 Apr 2022 | £926,819 | £900,000 | 1A CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Barling Road | |
| Jan 2024 | Anti-social behaviour | On or near Barling Road | |
| Jan 2024 | Anti-social behaviour | On or near Barling Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenters |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenters |