£397,056
This estimated value is based upon the latest sale price for the house of £235,000 on 17 Apr 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£235,000 | 17 Apr 2013 |
£107,000 | 29 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 2013 the House Price Index for ESSEX was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £235,000 results in an estimated price of approximately £397,056.
17 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.960 % | £235,000 | £162,056 | £397,056 |
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 | 88.508 % | £207,994 | £442,994 |
3 Month Average | 71.588 % | £168,232 | £403,232 |
6 Month Average | 73.830 % | £173,501 | £408,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £406,242 | £400,000 | 221 RECTORY ROAD |
8 Dec 2023 | £330,145 | £320,000 | 18 MAGNOLIA ROAD |
24 Nov 2023 | £256,511 | £250,000 | 8 RECTORY TERRACE |
4 Aug 2023 | £371,704 | £365,000 | 293 RECTORY ROAD |
15 Jun 2023 | £887,791 | £870,000 | 235 RECTORY ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 3 Jul 2012. Using an estimated price of £397,057 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on RECTORY ROAD is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Parking Area |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lincoln Road |