£850,403
This estimated value is based upon the latest sale price for the house of £565,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £565,000 | 12 Sep 2014 |
| £325,000 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 September 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £565,000 results in an estimated price of approximately £850,403.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £565,000 | £285,403 | £850,403 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -56.157 % | £-317,286 | £247,713 |
| 3 Month Average | 18.852 % | £106,513 | £671,513 |
| 6 Month Average | 34.054 % | £192,405 | £757,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £727,837 | £720,000 | 10 MARTIN WALK |
| 12 Sep 2022 | £734,072 | £740,000 | 179 MAIN ROAD |
| 29 Jul 2022 | £451,215 | £450,000 | 4 THORPE ROAD |
| 13 Jun 2022 | £659,317 | £650,000 | 33 THORPE ROAD |
| 26 May 2022 | £382,202 | £375,000 | 14 THORPE ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 15 Oct 2013. Using an estimated price of £850,403 means this house is valued at £4,572 per sq meter (£424 per sq foot).
The average size of a house on MARTIN WALK is 190 sq meters (2,049 sq feet).
This house is the largest in the street with a floor area of 186 sq meters (2,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencers |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Spencers |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sudbury Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sudbury Close |