£1,917,948
This estimated value is based upon the latest sale price for the house of £1,870,000 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £1,870,000 | 27 Apr 2022 |
| 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £1,870,000 results in an estimated price of approximately £1,917,948.
| 27 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £1,870,000 | £47,948 | £1,917,948 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 62.461 % | £1,168,023 | £3,038,023 |
| 3 Month Average | 6.119 % | £114,429 | £1,984,429 |
| 6 Month Average | -1.607 % | £-30,052 | £1,839,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £291,576 | £290,000 | 84 NORFOLK ROAD |
| 9 Feb 2023 | £597,176 | £600,000 | 4 CRAYFORD CLOSE |
| 14 Oct 2022 | £886,818 | £900,000 | UNIT 1 WEST STATION BUSINESS PARK SPITAL ROAD |
| 20 Sep 2022 | £476,208 | £482,000 | 12 CRAYFORD CLOSE |
| 21 Jul 2022 | £516,302 | £517,000 | 137 WASHINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near West Station Yard |