£298,817
This estimated value is based upon the latest sale price for the house of £242,500 on 4 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £242,500 | 4 May 2020 |
| £66,500 | 24 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 May 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £242,500 results in an estimated price of approximately £298,817.
| 4 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £242,500 | £56,317 | £298,817 |
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 | 21.772 % | £52,797 | £295,297 |
| 3 Month Average | -3.065 % | £-7,431 | £235,068 |
| 6 Month Average | -6.875 % | £-16,672 | £225,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £388,566 | £380,000 | 4 PINE TREE PLACE |
| 10 Aug 2023 | £463,357 | £455,000 | 42 ASHINGDON ROAD |
| 29 Jun 2023 | £253,072 | £248,000 | 40 ASHINGDON ROAD |
| 19 Apr 2023 | £315,909 | £310,000 | 7 ASHINGDON ROAD |
| 30 Mar 2023 | £366,114 | £360,000 | 6 REGENCY CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Oct 2019. Using an estimated price of £298,817 means this house is valued at £5,433 per sq meter (£504 per sq foot).
The average size of a house on REGENCY CLOSE is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regency Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Heritage Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Heritage Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heritage Way |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heritage Way |