£352,987
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£280,000 | 24 Nov 2017 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 November 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £280,000 results in an estimated price of approximately £352,987.
24 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £280,000 | £72,987 | £352,987 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 2.065 % | £5,782 | £285,782 |
3 Month Average | -6.085 % | £-17,039 | £262,960 |
6 Month Average | 9.465 % | £26,501 | £306,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £310,718 | £308,000 | 4 SHAKESPEARE ROAD |
20 Jan 2023 | £298,593 | £300,000 | 12 SHAKESPEARE ROAD |
8 Sep 2022 | £302,557 | £305,000 | 2 SHAKESPEARE ROAD |
8 Jul 2022 | £350,945 | £350,000 | 7 BROWNING CLOSE |
22 Oct 2021 | £403,865 | £365,000 | 43 SHAKESPEARE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Sep 2017. Using an estimated price of £352,987 means this house is valued at £5,042 per sq meter (£468 per sq foot).
The average size of a house on SHELLEY ROAD is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Keats Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Keats Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaucer Way |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaucer Way |
Feb 2024 | Anti-social behaviour | On or near Chaucer Way |