£225,182
This estimated value is based upon the latest sale price for the house of £170,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £170,000 | 28 Oct 2016 |
| £164,000 | 25 Mar 2004 |
| £80,000 | 15 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £170,000 results in an estimated price of approximately £225,182.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £170,000 | £55,182 | £225,182 |
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 | 36.694 % | £62,380 | £232,380 |
| 3 Month Average | 29.695 % | £50,480 | £220,480 |
| 6 Month Average | 26.248 % | £44,622 | £214,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £134,969 | £133,334 | FLAT 3 DORSET HOUSE, 26 WELLESLEY ROAD |
| 6 Jun 2023 | £91,104 | £90,000 | 5B HAYES ROAD |
| 6 Apr 2022 | £139,023 | £135,000 | FLAT 5 DORSET HOUSE, 26 WELLESLEY ROAD |
| 8 Feb 2022 | £461,426 | £440,000 | 11 WELLESLEY ROAD |
| 3 Feb 2022 | £249,065 | £237,500 | 6 THE GROVE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 25 Feb 2016. Using an estimated price of £225,183 means this house is valued at £1,787 per sq meter (£166 per sq foot).
The average size of a house on HAYES ROAD is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hayes Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hayes Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Hayes Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hayes Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Grove |