£247,849
This estimated value is based upon the latest sale price for the house of £158,000 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Fairfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £158,000 | 24 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 2014 the House Price Index for ESSEX was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £158,000 results in an estimated price of approximately £247,849.
| 24 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £158,000 | £89,849 | £247,849 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 28.380 % | £44,840 | £202,840 |
| 3 Month Average | 45.753 % | £72,289 | £230,289 |
| 6 Month Average | 52.682 % | £83,237 | £241,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £109,998 | £107,500 | 111 WELLESLEY ROAD |
| 27 Oct 2023 | £109,998 | £107,500 | FLAT 2 111 WELLESLEY ROAD |
| 30 Jun 2023 | £201,539 | £197,500 | 25 FAIRFIELD ROAD |
| 23 Jun 2023 | £188,783 | £185,000 | 23 CROSSFIELD ROAD |
| 1 Feb 2023 | £229,533 | £228,000 | DENVER, 2A CAMBRIDGE ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 9 Aug 2013. Using an estimated price of £247,849 means this house is valued at £1,709 per sq meter (£158 per sq foot).
The average size of a house on FAIRFIELD ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfield Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |
| Jun 2024 | Drugs | Under investigation | On or near Cambridge Road |
| May 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Cambridge Road |
| May 2024 | Anti-social behaviour | On or near Cambridge Road |