£447,040
This estimated value is based upon the latest sale price for the house of £352,000 on 14 Nov 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£352,000 | 14 Nov 2017 |
£280,000 | 23 Mar 2016 |
Semi-Detached |
Freehold |
Floor Area: 136 sq meters or 1,463 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 November 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £352,000 results in an estimated price of approximately £447,040.
14 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £352,000 | £95,040 | £447,040 |
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 | 38.357 % | £135,017 | £487,017 |
3 Month Average | -3.711 % | £-13,062 | £338,937 |
6 Month Average | -3.707 % | £-13,047 | £338,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £140,827 | £136,500 | 115A SOUTHEND ROAD |
27 Oct 2023 | £383,715 | £375,000 | 143 SOUTHEND ROAD |
30 Mar 2023 | £386,454 | £380,000 | 18 LEICESTER AVENUE |
18 Aug 2022 | £190,893 | £190,000 | 39A KING HENRYS DRIVE |
18 Aug 2022 | £190,893 | £190,000 | 39 KING HENRYS DRIVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 15 Apr 2015. Using an estimated price of £447,040 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on QUEEN ELIZABETH CHASE is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen Elizabeth Chase |
Jul 2024 | Violence and sexual offences | Under investigation | On or near King Henry'S Drive |
Jun 2024 | Public order | Under investigation | On or near King Henry'S Drive |
Jun 2024 | Other theft | Under investigation | On or near King Henry'S Drive |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King Henry'S Drive |