£499,707
This estimated value is based upon the latest sale price for the house of £397,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £397,000 | 23 Feb 2018 |
| £66,000 | 11 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £397,000 results in an estimated price of approximately £499,707.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £397,000 | £102,707 | £499,707 |
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 | 30.551 % | £121,288 | £518,288 |
| 3 Month Average | 5.121 % | £20,330 | £417,330 |
| 6 Month Average | -7.113 % | £-28,240 | £368,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £465,574 | £455,000 | 27 ALBERT CLOSE |
| 27 May 2022 | £564,712 | £550,000 | 445 ASHINGDON ROAD |
| 12 Apr 2022 | £555,021 | £535,000 | 459 ASHINGDON ROAD |
| 12 Nov 2021 | £387,869 | £356,000 | 453A ASHINGDON ROAD |
| 4 Oct 2021 | £507,174 | £455,000 | 6 MACINTYRES WALK |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 4 Feb 2017. Using an estimated price of £499,708 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on ALBERT CLOSE is 100 sq meters (1,084 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Albert Close |
| Jun 2024 | Public order | Local resolution | On or near Ashingdon Road |
| Jun 2024 | Public order | Local resolution | On or near Ashingdon Road |
| Jul 2024 | Other theft | Under investigation | On or near Copelands |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copelands |