£587,277
This estimated value is based upon the latest sale price for the house of £408,000 on 16 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Newhall
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| Price Paid | Date |
|---|---|
| £408,000 | 16 Jul 2015 |
| £129,750 | 27 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £408,000 results in an estimated price of approximately £587,277.
| 16 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £408,000 | £179,277 | £587,277 |
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 | -17.852 % | £-72,835 | £335,164 |
| 3 Month Average | 28.077 % | £114,552 | £522,552 |
| 6 Month Average | 29.139 % | £118,888 | £526,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £419,167 | £415,500 | 15 DERBYDALE |
| 10 Nov 2022 | £568,118 | £575,000 | 24 HOGARTH WAY |
| 7 Mar 2022 | £430,049 | £415,000 | 2 HOGARTH WAY |
| 30 Sep 2021 | £560,348 | £520,000 | 26 MINTON HEIGHTS |
| 27 Sep 2021 | £434,270 | £403,000 | 4 MINTON HEIGHTS |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 13 Mar 2015. Using an estimated price of £587,278 means this house is valued at £3,454 per sq meter (£320 per sq foot).
The average size of a house on RECTORY AVENUE is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Newhall |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newhall |
| Mar 2024 | Burglary | Under investigation | On or near Hogarth Way |
| Jan 2024 | Anti-social behaviour | On or near Hogarth Way | |
| Jan 2024 | Anti-social behaviour | On or near Hogarth Way |