£339,236
This estimated value is based upon the latest sale price for the house of £200,000 on 11 May 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 11 May 2010 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,200 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 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £200,000 results in an estimated price of approximately £339,236.
| 11 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £200,000 | £139,236 | £339,236 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -2.544 % | £-5,088 | £194,911 |
| 3 Month Average | 53.612 % | £107,224 | £307,224 |
| 6 Month Average | 47.434 % | £94,868 | £294,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £272,939 | £270,000 | 35 BECHE ROAD |
| 3 Feb 2023 | £169,886 | £170,000 | 75 GILBERD ROAD |
| 22 Jul 2022 | £275,742 | £275,000 | 16 WESTON ROAD |
| 26 Aug 2021 | £296,419 | £265,700 | 13 BECHE ROAD |
| 18 May 2020 | £343,102 | £280,500 | 4 RECREATION ROAD |
This house has a floor area of 111 sq meters or 1,200 sq feet when measured on 2 Aug 2011. Using an estimated price of £339,237 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on OLD HEATH ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Offender given a caution | On or near Weston Road |
| Apr 2024 | Anti-social behaviour | On or near Belmont Place | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Belmont Place |
| Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
| Feb 2024 | Anti-social behaviour | On or near Belmont Place |