£376,965
This estimated value is based upon the latest sale price for the house of £300,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 4 May 2018 |
| £240,000 | 11 Dec 2015 |
| £226,000 | 3 Jun 2011 |
| £202,500 | 12 Nov 2008 |
| £181,000 | 28 May 2004 |
| £165,000 | 12 Apr 2002 |
| £112,750 | 29 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £300,000 results in an estimated price of approximately £376,965.
| 4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £300,000 | £76,965 | £376,965 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 24.073 % | £72,218 | £372,218 |
| 3 Month Average | 21.347 % | £64,042 | £364,042 |
| 6 Month Average | 17.569 % | £52,705 | £352,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £324,993 | £320,000 | 29 STAMBRIDGE ROAD |
| 10 Nov 2023 | £343,725 | £335,000 | 4 STAMBRIDGE ROAD |
| 11 Sep 2023 | £342,551 | £335,000 | 113 HAMPSTEAD AVENUE |
| 8 Mar 2023 | £376,284 | £370,000 | 24 UPPER BRANSTON ROAD |
| 14 Sep 2022 | £331,778 | £332,000 | 102 HAMPSTEAD AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 14 May 2015. Using an estimated price of £376,966 means this house is valued at £3,277 per sq meter (£304 per sq foot).
The average size of a house on BROMLEY CLOSE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Offender given a caution | On or near Bromley Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Branston Road |
| Jul 2024 | Public order | Under investigation | On or near Salvia Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Douglas Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Road |