£374,030
This estimated value is based upon the latest sale price for the house of £248,000 on 1 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £248,000 | 1 Oct 2014 |
| £203,000 | 4 Jan 2008 |
| £56,000 | 1 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £248,000 results in an estimated price of approximately £374,030.
| 1 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £248,000 | £126,030 | £374,030 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 6.874 % | £17,046 | £265,046 |
| 3 Month Average | 45.562 % | £112,993 | £360,993 |
| 6 Month Average | 38.253 % | £94,866 | £342,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £278,571 | £271,500 | 16 BOURNE ROAD |
| 29 Jun 2023 | £285,726 | £280,000 | 48A GILBERD ROAD |
| 27 Apr 2023 | £275,146 | £270,000 | 35 BECHE ROAD |
| 4 Aug 2022 | £130,611 | £130,000 | 2 EMBRA COURT BECHE ROAD |
| 22 Jul 2022 | £277,783 | £275,000 | 16 WESTON ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 11 Mar 2014. Using an estimated price of £374,031 means this house is valued at £3,169 per sq meter (£294 per sq foot).
The average size of a house on OLD HEATH ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beche Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beche Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Beche Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Beche Road |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Beche Road |