£196,310
This estimated value is based upon the latest sale price for the house of £84,500 on 25 Jul 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£84,500 | 25 Jul 2003 |
£30,000 | 20 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 July 2003 the House Price Index for ESSEX was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £84,500 results in an estimated price of approximately £196,310.
25 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 148.6 | 132.320 % | £84,500 | £111,810 | £196,310 |
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 | 39.330 % | £33,233 | £117,733 |
3 Month Average | 89.872 % | £75,941 | £160,441 |
6 Month Average | 103.517 % | £87,471 | £171,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £111,653 | £110,000 | 29 SANDON CLOSE |
10 Aug 2023 | £106,936 | £106,000 | 26 STEEPLE CLOSE |
31 Jan 2023 | £169,203 | £170,000 | 50 SANDON CLOSE |
31 Aug 2022 | £152,589 | £153,000 | 65 SANDON CLOSE |
1 Aug 2022 | £171,538 | £172,000 | 67 SANDON CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 May 2020. Using an estimated price of £196,311 means this house is valued at £4,089 per sq meter (£379 per sq foot).
The average size of a house on STEEPLE CLOSE is 45 sq meters (491 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandon Close |
Mar 2024 | Anti-social behaviour | On or near Sandon Close |