£345,078
This estimated value is based upon the latest sale price for the house of £247,500 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £247,500 | 11 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £247,500 results in an estimated price of approximately £345,078.
| 11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £247,500 | £97,578 | £345,078 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 43.157 % | £106,813 | £354,313 |
| 3 Month Average | 22.436 % | £55,528 | £303,028 |
| 6 Month Average | 27.869 % | £68,974 | £316,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £501,045 | £490,000 | 36 PARK GARDENS |
| 25 Aug 2023 | £376,796 | £370,000 | 6 HEYCROFT ROAD |
| 30 Jan 2023 | £350,938 | £350,000 | 39 HEYCROFT ROAD |
| 5 Nov 2021 | £359,541 | £330,000 | 5 HEYCROFT ROAD |
| 8 Oct 2021 | £462,587 | £415,000 | 6 PARK GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 3 Oct 2015. Using an estimated price of £345,079 means this house is valued at £5,228 per sq meter (£485 per sq foot).
The average size of a house on HEYCROFT ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heycroft Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victor Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clements Hall Lane |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
| May 2024 | Anti-social behaviour | On or near Welbeck Close |