£407,709
This estimated value is based upon the latest sale price for the house of £345,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 30 Oct 2020 |
| £110,000 | 23 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £345,000 results in an estimated price of approximately £407,709.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £345,000 | £62,709 | £407,709 |
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 | 13.456 % | £46,424 | £391,424 |
| 3 Month Average | -1.348 % | £-4,651 | £340,348 |
| 6 Month Average | -5.046 % | £-17,410 | £327,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £335,000 | £335,000 | 35 CORNWALL GARDENS |
| 3 May 2024 | £330,000 | £330,000 | 43 CORNWALL GARDENS |
| 27 Mar 2023 | £355,944 | £350,000 | 28 OAKLANDS MEWS |
| 21 Oct 2022 | £331,393 | £332,500 | 1A DEVON GARDENS |
| 24 Jun 2022 | £316,771 | £310,000 | 15 BANYARD WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 May 2013. Using an estimated price of £407,710 means this house is valued at £5,436 per sq meter (£505 per sq foot).
The average size of a house on OAKLANDS MEWS is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Gardens |
| Jun 2024 | Anti-social behaviour | On or near Wendon Close | |
| Jun 2024 | Anti-social behaviour | On or near Wendon Close | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wendon Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Braxted Close |