£199,999
This estimated value is based upon the latest sale price for the house of £35,000 on 26 Jan 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Fairfield Road
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| Price Paid | Date |
|---|---|
| £35,000 | 26 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 January 1996 the House Price Index for ESSEX was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £35,000 results in an estimated price of approximately £199,999.
| 26 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £35,000 | £164,999 | £199,999 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 394.811 % | £138,183 | £173,183 |
| 3 Month Average | 385.014 % | £134,754 | £169,754 |
| 6 Month Average | 394.539 % | £138,088 | £173,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £109,998 | £107,500 | FLAT 2 111 WELLESLEY ROAD |
| 27 Oct 2023 | £109,998 | £107,500 | 111 WELLESLEY ROAD |
| 30 Jun 2023 | £201,539 | £197,500 | 25 FAIRFIELD ROAD |
| 1 Feb 2023 | £229,533 | £228,000 | DENVER, 2A CAMBRIDGE ROAD |
| 23 Jan 2023 | £240,643 | £240,000 | 135 WELLESLEY ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 Jul 2012. Using an estimated price of £199,999 means this house is valued at £3,448 per sq meter (£320 per sq foot).
The average size of a house on FAIRFIELD ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfield Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |
| Jun 2024 | Drugs | Under investigation | On or near Cambridge Road |
| May 2024 | Anti-social behaviour | On or near Cambridge Road | |
| May 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Cambridge Road |