£433,905
This estimated value is based upon the latest sale price for the house of £78,000 on 20 Sep 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £78,000 | 20 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,135 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 1996 the House Price Index for ESSEX was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £78,000 results in an estimated price of approximately £433,905.
| 20 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £78,000 | £355,905 | £433,905 |
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 | 497.516 % | £388,062 | £466,062 |
| 3 Month Average | 425.468 % | £331,865 | £409,865 |
| 6 Month Average | 415.710 % | £324,254 | £402,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £295,000 | £295,000 | 4 THE RUSSETTS |
| 17 Nov 2023 | £338,595 | £330,000 | 42 PRINCESS GARDENS |
| 19 May 2022 | £333,693 | £325,000 | 7 THE BRAMLEYS |
| 3 May 2022 | £349,095 | £340,000 | 17 THE BRAMLEYS |
| 28 Apr 2022 | £492,775 | £475,000 | 3 LASCELLES GARDENS |
This house has a floor area of 105 sq meters or 1,135 sq feet when measured on 5 Mar 2012. Using an estimated price of £433,905 means this house is valued at £4,113 per sq meter (£382 per sq foot).
The average size of a house on CENTRAL AVENUE is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Princess Gardens |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Princess Gardens |
| Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Princess Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Russetts |