£191,577
This estimated value is based upon the latest sale price for the house of £177,500 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £177,500 | 3 Dec 2021 |
| £146,000 | 26 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £177,500 results in an estimated price of approximately £191,577.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £177,500 | £14,077 | £191,577 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 13.877 % | £24,631 | £202,131 |
| 3 Month Average | 8.943 % | £15,874 | £193,374 |
| 6 Month Average | 9.781 % | £17,361 | £194,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £201,539 | £197,500 | 25 FAIRFIELD ROAD |
| 23 Jun 2023 | £188,783 | £185,000 | 23 CROSSFIELD ROAD |
| 17 Apr 2023 | £188,526 | £185,000 | 31 CAMBRIDGE ROAD |
| 31 Mar 2023 | £3,797,373 | £3,733,956 | SERVICE STATION, 238 OLD ROAD |
| 1 Feb 2023 | £229,533 | £228,000 | DENVER, 2A CAMBRIDGE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Aug 2018. Using an estimated price of £191,577 means this house is valued at £3,247 per sq meter (£301 per sq foot).
The average size of a house on FAIRFIELD ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Under investigation | On or near Cambridge Road |
| May 2024 | Anti-social behaviour | On or near Cambridge Road | |
| May 2024 | Anti-social behaviour | On or near Cambridge Road | |
| May 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Cambridge Road |
| May 2024 | Anti-social behaviour | On or near Cambridge Road |