£587,408
This estimated value is based upon the latest sale price for the house of £479,000 on 3 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £479,000 | 3 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,358 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £479,000 results in an estimated price of approximately £587,408.
| 3 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £479,000 | £108,408 | £587,408 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -64.290 % | £-307,949 | £171,050 |
| 3 Month Average | 3.632 % | £17,397 | £496,397 |
| 6 Month Average | 7.831 % | £37,509 | £516,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £655,737 | £650,000 | 238 MAIN ROAD |
| 30 Jun 2023 | £389,721 | £385,000 | 17 BOSWORTH CLOSE |
| 27 Feb 2023 | £399,731 | £400,000 | 9 HILL LANE |
| 11 Jan 2023 | £579,271 | £582,000 | 40 UPLANDS ROAD |
| 12 Sep 2022 | £734,072 | £740,000 | 179 MAIN ROAD |
This house has a floor area of 126 sq meters or 1,358 sq feet when measured on 2 Jun 2010. Using an estimated price of £587,409 means this house is valued at £4,654 per sq meter (£432 per sq foot).
There is one other house on the street which we know the size of, this is 2 WELBECK CLOSE it is 121.4
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sudbury Close |