£441,178
This estimated value is based upon the latest sale price for the house of £440,000 on 10 Jan 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£440,000 | 10 Jan 2023 |
£85,000 | 31 Mar 1998 |
Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 January 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £440,000 results in an estimated price of approximately £441,178.
10 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £440,000 | £1,178 | £441,178 |
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 | 13.712 % | £60,334 | £500,334 |
3 Month Average | -1.984 % | £-8,729 | £431,270 |
6 Month Average | 2.131 % | £9,375 | £449,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £306,931 | £297,500 | 61 STAMBRIDGE ROAD |
25 Aug 2023 | £458,265 | £450,000 | 9 MORNINGTON AVENUE |
9 Aug 2023 | £458,265 | £450,000 | 90 STAMBRIDGE ROAD |
10 Feb 2023 | £437,925 | £435,000 | 58 STAMBRIDGE ROAD |
10 Jan 2023 | £441,179 | £440,000 | 10 MORNINGTON AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Sep 2014. Using an estimated price of £441,179 means this house is valued at £5,729 per sq meter (£532 per sq foot).
The average size of a house on MORNINGTON AVENUE is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Mornington Avenue |
Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
Apr 2024 | Anti-social behaviour | On or near Mornington Avenue |