£463,154
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 14 Jan 2011 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,017 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 2011 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £270,000 results in an estimated price of approximately £463,154.
| 14 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £270,000 | £193,154 | £463,154 |
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 | 10.518 % | £28,399 | £298,399 |
| 3 Month Average | 44.052 % | £118,941 | £388,941 |
| 6 Month Average | 54.772 % | £147,884 | £417,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £375,560 | £370,000 | 46 SPENCER GARDENS |
| 4 Sep 2023 | £430,504 | £425,000 | 25 OXFORD ROAD |
| 31 Jul 2023 | £358,829 | £354,000 | 83 OXFORD ROAD |
| 21 Jul 2023 | £395,321 | £390,000 | 33 SPENCER GARDENS |
| 22 Jun 2023 | £485,886 | £480,000 | 45 SPENCER GARDENS |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 17 Aug 2010. Using an estimated price of £463,154 means this house is valued at £4,899 per sq meter (£455 per sq foot).
The average size of a house on OXFORD ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oxford Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Road |
| Apr 2024 | Public order | Under investigation | On or near Vaughan Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |