£430,912
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Dec 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 1 Dec 2011 |
| £235,000 | 23 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 758 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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £250,000 results in an estimated price of approximately £430,912.
| 1 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £250,000 | £180,912 | £430,912 |
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 | -6.667 % | £-16,668 | £233,331 |
| 3 Month Average | 37.011 % | £92,526 | £342,526 |
| 6 Month Average | 47.933 % | £119,831 | £369,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2022 | £576,687 | £560,000 | HAKUNA MATATA, 132 RECTORY AVENUE |
| 11 Jan 2022 | £657,755 | £625,000 | 171 RECTORY AVENUE |
| 30 Sep 2021 | £560,348 | £520,000 | 26 MINTON HEIGHTS |
| 14 Dec 2020 | £573,857 | £500,000 | 140 RECTORY AVENUE |
| 9 Dec 2020 | £453,347 | £395,000 | 50 YORK ROAD |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 28 Sep 2010. Using an estimated price of £430,912 means this house is valued at £6,112 per sq meter (£567 per sq foot).
The average size of a house on EDWARD CLOSE is 123 sq meters (1,331 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Edward Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Edward Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alexandra Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Apr 2024 | Drugs | Under investigation | On or near Ashingdon Heights |