£454,025
This estimated value is based upon the latest sale price for the house of £357,500 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £357,500 | 10 Nov 2017 |
| £284,000 | 21 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,200 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 November 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £357,500 results in an estimated price of approximately £454,025.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £357,500 | £96,525 | £454,025 |
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 | 38.357 % | £137,127 | £494,627 |
| 3 Month Average | -3.711 % | £-13,266 | £344,233 |
| 6 Month Average | -3.707 % | £-13,251 | £344,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £335,000 | £335,000 | 35 CORNWALL GARDENS |
| 3 May 2024 | £330,000 | £330,000 | 43 CORNWALL GARDENS |
| 28 Nov 2023 | £362,194 | £353,000 | 16 RECTORY AVENUE |
| 27 Mar 2023 | £355,944 | £350,000 | 28 OAKLANDS MEWS |
| 21 Oct 2022 | £331,393 | £332,500 | 1A DEVON GARDENS |
This house has a floor area of 111 sq meters or 1,200 sq feet when measured on 20 Sep 2011. Using an estimated price of £454,025 means this house is valued at £4,070 per sq meter (£378 per sq foot).
The average size of a house on RECTORY ROAD is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wendon Close |
| Jun 2024 | Anti-social behaviour | On or near Wendon Close | |
| Jun 2024 | Anti-social behaviour | On or near Wendon Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cambridge Gardens |