£363,825
This estimated value is based upon the latest sale price for the house of £317,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £317,000 | 18 Dec 2020 |
| £225,000 | 28 Oct 2010 |
| £168,000 | 23 Apr 2010 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £317,000 results in an estimated price of approximately £363,825.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £317,000 | £46,825 | £363,825 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -37.389 % | £-118,521 | £198,478 |
| 3 Month Average | 0.160 % | £505 | £317,505 |
| 6 Month Average | -1.579 % | £-5,003 | £311,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £275,580 | £271,500 | 16 BOURNE ROAD |
| 27 Apr 2023 | £272,939 | £270,000 | 35 BECHE ROAD |
| 4 Aug 2022 | £129,651 | £130,000 | 2 EMBRA COURT BECHE ROAD |
| 22 Jul 2022 | £275,742 | £275,000 | 16 WESTON ROAD |
| 19 May 2022 | £239,513 | £235,000 | 5 GILBERD ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Jan 2015. Using an estimated price of £363,825 means this house is valued at £3,829 per sq meter (£355 per sq foot).
The average size of a house on OLD HEATH ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Beche Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beche Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beche Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beche Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Beche Road |