£313,380
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 17 Mar 2017 |
| £199,995 | 20 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £240,000 results in an estimated price of approximately £313,380.
| 17 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £240,000 | £73,380 | £313,380 |
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 | -37.544 % | £-90,105 | £149,894 |
| 3 Month Average | 7.995 % | £19,187 | £259,187 |
| 6 Month Average | 12.985 % | £31,163 | £271,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £350,000 | £350,000 | 41 HYTHE HILL |
| 18 Dec 2023 | £263,084 | £255,000 | 10 LENZ CLOSE |
| 29 Sep 2023 | £253,590 | £248,000 | 31 HYTHE HILL |
| 10 Mar 2023 | £302,044 | £297,000 | 162 HYTHE HILL |
| 13 May 2022 | £271,062 | £264,000 | 80 PORT LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 17 Sep 2021. Using an estimated price of £313,381 means this house is valued at £2,901 per sq meter (£269 per sq foot).
The average size of a house on STANDARD ROAD is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near St Leonard'S Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near St Leonard'S Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St Leonard'S Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Leonard'S Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near St Leonard'S Road |