£546,792
This estimated value is based upon the latest sale price for the house of £440,000 on 6 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Myrtle Grove
More crime details
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| Price Paid | Date |
|---|---|
| £440,000 | 6 Dec 2018 |
| £410,000 | 6 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £440,000 results in an estimated price of approximately £546,792.
| 6 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £440,000 | £106,792 | £546,792 |
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 | -22.745 % | £-100,078 | £339,921 |
| 3 Month Average | 7.872 % | £34,636 | £474,636 |
| 6 Month Average | 8.744 % | £38,472 | £478,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £531,721 | £520,000 | 39 NEW TOWN ROAD |
| 1 Aug 2023 | £193,490 | £190,000 | 12 GRANVILLE ROAD |
| 6 Jun 2023 | £224,499 | £220,000 | 44 GRANVILLE ROAD |
| 2 Jun 2023 | £160,721 | £157,500 | 79B MILITARY ROAD |
| 27 Mar 2023 | £223,736 | £220,000 | 4 GRANVILLE ROAD |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 19 May 2015. Using an estimated price of £546,793 means this house is valued at £3,375 per sq meter (£313 per sq foot).
The average size of a house on NEW TOWN ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Grove |
| Jul 2024 | Public order | Under investigation | On or near Myrtle Grove |
| Jul 2024 | Drugs | Under investigation | On or near Myrtle Grove |
| Jul 2024 | Burglary | Under investigation | On or near Myrtle Grove |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Myrtle Grove |