£331,226
This estimated value is based upon the latest sale price for the house of £270,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 18 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 933 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £270,000 results in an estimated price of approximately £331,226.
| 18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £270,000 | £61,226 | £331,226 |
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 | -46.800 % | £-126,361 | £143,638 |
| 3 Month Average | -4.885 % | £-13,189 | £256,810 |
| 6 Month Average | -8.281 % | £-22,358 | £247,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £354,533 | £350,000 | 74 SUTTON ROAD |
| 5 Oct 2022 | £237,443 | £240,000 | 55 WARWICK DRIVE |
| 20 Jul 2022 | £215,580 | £215,000 | DUTCH COTTAGE, 22 WARWICK DRIVE |
| 8 Jul 2022 | £358,766 | £357,800 | 82 SUTTON ROAD |
| 16 May 2022 | £295,569 | £290,000 | 32 WARWICK DRIVE |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 22 Mar 2012. Using an estimated price of £331,226 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on WARWICK DRIVE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warwick Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brook Close |