£378,636
This estimated value is based upon the latest sale price for the house of £305,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £305,000 | 12 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £305,000 results in an estimated price of approximately £378,636.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £305,000 | £73,636 | £378,636 |
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 | 4.988 % | £15,213 | £320,213 |
| 3 Month Average | -0.681 % | £-2,077 | £302,922 |
| 6 Month Average | -6.144 % | £-18,739 | £286,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £330,071 | £325,000 | 21 RUSSELL GROVE |
| 1 Mar 2024 | £330,071 | £325,000 | 3 RUSSELL GROVE |
| 21 Apr 2023 | £387,243 | £380,000 | 8 COOMBES GROVE |
| 5 Oct 2022 | £318,935 | £320,000 | 107 STAMBRIDGE ROAD |
| 4 Mar 2022 | £574,163 | £550,000 | 120 STAMBRIDGE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Jan 2016. Using an estimated price of £378,637 means this house is valued at £4,617 per sq meter (£428 per sq foot).
The average size of a house on RUSSELL GROVE is 113 sq meters (1,224 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lingfield Drive |
| Apr 2024 | Anti-social behaviour | On or near Little Stambridge Hall Lane | |
| Apr 2024 | Anti-social behaviour | On or near Little Stambridge Hall Lane | |
| Apr 2024 | Anti-social behaviour | On or near Little Stambridge Hall Lane | |
| Apr 2024 | Anti-social behaviour | On or near Little Stambridge Hall Lane |