£324,975
This estimated value is based upon the latest sale price for the house of £265,000 on 21 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£265,000 | 21 Oct 2019 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £265,000 results in an estimated price of approximately £324,975.
21 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £265,000 | £59,975 | £324,975 |
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 | -35.380 % | £-93,757 | £171,242 |
3 Month Average | -9.162 % | £-24,279 | £240,720 |
6 Month Average | -7.635 % | £-20,232 | £244,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £329,884 | £325,000 | 21 RECTORY ROAD |
22 Sep 2023 | £167,137 | £165,000 | 29 HEDINGHAM PLACE |
25 Aug 2023 | £408,574 | £405,000 | 17 RECTORY ROAD |
27 Jul 2023 | £316,763 | £312,500 | 2 MANSTED GARDENS |
28 Apr 2023 | £399,299 | £395,000 | 28 RECTORY ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Nov 2018. Using an estimated price of £324,976 means this house is valued at £5,416 per sq meter (£503 per sq foot).
The average size of a house on RECTORY ROAD is 113 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Craven Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Craven Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mansted Gardens |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mansted Gardens |