£142,682
This estimated value is based upon the latest sale price for the house of £32,000 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£32,000 | 30 Apr 1999 |
£28,000 | 31 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 360 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 April 1999 the House Price Index for ESSEX was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £32,000 results in an estimated price of approximately £142,682.
30 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £32,000 | £110,682 | £142,682 |
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 | 229.055 % | £73,297 | £105,297 |
3 Month Average | 340.964 % | £109,108 | £141,108 |
6 Month Average | 360.847 % | £115,470 | £147,470 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £111,653 | £110,000 | 29 SANDON CLOSE |
10 Aug 2023 | £106,936 | £106,000 | 26 STEEPLE CLOSE |
31 Jan 2023 | £169,203 | £170,000 | 50 SANDON CLOSE |
31 Aug 2022 | £152,589 | £153,000 | 65 SANDON CLOSE |
1 Aug 2022 | £171,538 | £172,000 | 67 SANDON CLOSE |
This house has a floor area of 33 sq meters or 360 sq feet when measured on 16 Dec 2011. Using an estimated price of £142,683 means this house is valued at £4,255 per sq meter (£395 per sq foot).
The average size of a house on STEEPLE CLOSE is 45 sq meters (491 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandon Close |
Mar 2024 | Anti-social behaviour | On or near Sandon Close |