£242,560
This estimated value is based upon the latest sale price for the house of £142,500 on 17 Jul 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £142,500 | 17 Jul 2012 |
| £125,000 | 10 Oct 2003 |
| £54,995 | 3 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 837 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 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £142,500 results in an estimated price of approximately £242,560.
| 17 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £142,500 | £100,060 | £242,560 |
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 | 5.959 % | £8,491 | £150,991 |
| 3 Month Average | 58.292 % | £83,065 | £225,565 |
| 6 Month Average | 63.799 % | £90,913 | £233,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £205,769 | £203,000 | 4 KING HENRYS DRIVE |
| 30 Mar 2023 | £383,614 | £380,000 | 18 LEICESTER AVENUE |
| 18 Aug 2022 | £189,490 | £190,000 | 39 KING HENRYS DRIVE |
| 18 Aug 2022 | £189,490 | £190,000 | 39A KING HENRYS DRIVE |
| 7 Jul 2022 | £416,120 | £415,000 | BRAMBLEDENE, 11 LEICESTER AVENUE |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 15 Jan 2010. Using an estimated price of £242,560 means this house is valued at £3,117 per sq meter (£289 per sq foot).
The average size of a house on QUEEN ELIZABETH CHASE is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leicester Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leicester Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leicester Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leicester Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen Elizabeth Chase |