£558,174
This estimated value is based upon the latest sale price for the house of £330,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £330,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2012 the House Price Index for ESSEX was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £330,000 results in an estimated price of approximately £558,174.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £330,000 | £228,174 | £558,174 |
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 | 109.647 % | £361,834 | £691,834 |
| 3 Month Average | 42.826 % | £141,326 | £471,326 |
| 6 Month Average | 52.954 % | £174,748 | £504,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £423,414 | £418,000 | 44 HIGHLANDS DRIVE |
| 19 Apr 2023 | £288,102 | £285,000 | 28 NEWNHAM GREEN |
| 27 Feb 2023 | £524,647 | £525,000 | 29 HIGHLANDS DRIVE |
| 25 Jan 2023 | £403,101 | £405,000 | 46 BEELEIGH ROAD |
| 10 Jan 2023 | £507,088 | £509,477 | RIVERS VIEW, 52 BEELEIGH ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 29 Aug 2012. Using an estimated price of £558,174 means this house is valued at £5,938 per sq meter (£551 per sq foot).
The average size of a house on BOWER GARDENS is 201 sq meters (2,163 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near West Chase |
| Feb 2024 | Robbery | Under investigation | On or near West Chase |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Newnham Green |
| Jan 2024 | Anti-social behaviour | On or near Beacon Hill | |
| Jan 2024 | Anti-social behaviour | On or near Beacon Hill |