£381,040
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Dec 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 18 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2003 the House Price Index for ESSEX was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £175,000 results in an estimated price of approximately £381,040.
| 18 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £175,000 | £206,040 | £381,040 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 89.080 % | £155,890 | £330,890 |
| 3 Month Average | 53.593 % | £93,788 | £268,788 |
| 6 Month Average | 93.969 % | £164,445 | £339,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £378,310 | £375,000 | 20 THE AVENUE |
| 1 Jun 2023 | £637,725 | £630,000 | 4 THE AVENUE |
| 5 Jan 2023 | £413,054 | £415,000 | 58 AVENUE ROAD |
| 19 Oct 2022 | £2,714,755 | £2,743,985 | 18 - 20 AVENUE ROAD |
| 2 Sep 2022 | £192,446 | £194,000 | 6 STATION MEWS STATION ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 May 2015. Using an estimated price of £381,040 means this house is valued at £4,430 per sq meter (£411 per sq foot).
The average size of a house on THE AVENUE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Janmead |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Janmead |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |