£512,395
This estimated value is based upon the latest sale price for the house of £475,500 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £475,500 | 15 Sep 2021 |
| £150,000 | 13 Dec 2002 |
| £145,000 | 19 Sep 2001 |
| £88,000 | 19 Jan 2001 |
| Terraced |
| 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £475,500 results in an estimated price of approximately £512,395.
| 15 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £475,500 | £36,895 | £512,395 |
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 | -25.174 % | £-119,700 | £355,799 |
| 3 Month Average | -15.654 % | £-74,432 | £401,067 |
| 6 Month Average | -4.056 % | £-19,285 | £456,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £332,912 | £330,000 | 18 WHEATFIELDS |
| 24 Nov 2022 | £434,734 | £440,000 | EMBO STAMBRIDGE ROAD |
| 3 Nov 2022 | £434,734 | £440,000 | 17 WHEATFIELDS |
| 1 Aug 2022 | £668,201 | £670,000 | SUNCREST STAMBRIDGE ROAD |
| 30 Jun 2022 | £532,526 | £525,000 | 8 WHEATFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cagefield Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stambridge Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scotts Hall Road |
| Mar 2024 | Public order | Under investigation | On or near Ash Tree Court |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Anchor Lane |