£519,069
This estimated value is based upon the latest sale price for the house of £94,000 on 20 Sep 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£94,000 | 20 Sep 1996 |
Detached |
Freehold |
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 September 1996 the House Price Index for ESSEX was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £94,000 results in an estimated price of approximately £519,069.
20 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.9 | 148.6 | 452.201 % | £94,000 | £425,069 | £519,069 |
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 | 248.234 % | £233,339 | £327,339 |
3 Month Average | 394.675 % | £370,994 | £464,994 |
6 Month Average | 431.744 % | £405,839 | £499,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £450,763 | £445,000 | 6 WEDGWOOD WAY |
21 Mar 2022 | £476,681 | £460,000 | 1 ALBERT ROAD |
30 Nov 2021 | £429,361 | £397,000 | 15 WEDGWOOD WAY |
4 Oct 2021 | £503,448 | £455,000 | 6 MACINTYRES WALK |
27 Aug 2021 | £412,778 | £370,000 | 11 ALBERT CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macintyres Walk |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Copelands |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Copelands |
Mar 2024 | Burglary | Under investigation | On or near Newhall |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newhall |