£372,959
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Sep 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£220,000 | 20 Sep 2010 |
£250,000 | 1 Oct 2007 |
Semi-Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 September 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £220,000 results in an estimated price of approximately £372,959.
20 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £220,000 | £152,959 | £372,959 |
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 | -2.748 % | £-6,044 | £213,955 |
3 Month Average | 44.453 % | £97,796 | £317,796 |
6 Month Average | 49.492 % | £108,883 | £328,883 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £329,884 | £325,000 | 21 RECTORY ROAD |
25 Aug 2023 | £408,574 | £405,000 | 17 RECTORY ROAD |
27 Jul 2023 | £316,763 | £312,500 | 2 MANSTED GARDENS |
28 Apr 2023 | £399,299 | £395,000 | 28 RECTORY ROAD |
10 Feb 2023 | £339,771 | £340,000 | 7 CRAVEN CLOSE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 24 Feb 2010. Using an estimated price of £372,959 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on RECTORY ROAD is 113 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Craven Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Craven Close |
Mar 2024 | Drugs | Local resolution | On or near Eastbury Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastbury Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mansted Gardens |