£426,311
This estimated value is based upon the latest sale price for the house of £420,000 on 25 Jan 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 25 Jan 2024 |
| £325,000 | 22 Jul 2016 |
| £250,000 | 29 Jul 2011 |
| £238,000 | 8 Oct 2007 |
| £101,995 | 4 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 869 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 2024 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £420,000 results in an estimated price of approximately £426,311.
| 25 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £420,000 | £6,311 | £426,311 |
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 | -44.329 % | £-186,182 | £233,817 |
| 3 Month Average | 6.575 % | £27,613 | £447,613 |
| 6 Month Average | -2.898 % | £-12,170 | £407,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £384,922 | £380,000 | 4 PINE TREE PLACE |
| 29 Jun 2023 | £251,041 | £248,000 | 40 ASHINGDON ROAD |
| 19 Apr 2023 | £313,374 | £310,000 | 7 ASHINGDON ROAD |
| 30 Mar 2023 | £363,424 | £360,000 | 6 REGENCY CLOSE |
| 21 Mar 2023 | £136,284 | £135,000 | FLAT 50 COACHMAN COURT, 35 ASHINGDON ROAD |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 20 Apr 2011.
The average size of a house on HERITAGE WAY is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heritage Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Regency Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ironwell Close |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close | |
| Feb 2024 | Anti-social behaviour | On or near Ironwell Close |