£352,550
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Feb 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Feb 2008 |
| £79,000 | 19 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 February 2008 the House Price Index for ESSEX was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £225,000 results in an estimated price of approximately £352,550.
| 20 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £225,000 | £127,550 | £352,550 |
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 | -16.391 % | £-36,879 | £188,120 |
| 3 Month Average | 32.955 % | £74,148 | £299,148 |
| 6 Month Average | 31.316 % | £70,460 | £295,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £280,148 | £276,000 | 55 OLD HEATH ROAD |
| 16 Jun 2023 | £222,698 | £220,000 | 14 BELMONT PLACE |
| 4 Aug 2022 | £265,785 | £266,500 | 87 OLD HEATH ROAD |
| 5 May 2022 | £198,745 | £195,000 | 5 BELMONT PLACE |
| 8 Apr 2022 | £200,811 | £195,000 | 106 OLD HEATH ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 11 Apr 2013. Using an estimated price of £352,551 means this house is valued at £3,525 per sq meter (£327 per sq foot).
The average size of a house on RECREATION ROAD is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Belmont Place |
| Apr 2024 | Anti-social behaviour | On or near Belmont Place | |
| Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
| Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
| Feb 2024 | Anti-social behaviour | On or near Belmont Place |