£135,621
This estimated value is based upon the latest sale price for the house of £80,000 on 6 Sep 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £80,000 | 6 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 979 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 September 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £80,000 results in an estimated price of approximately £135,621.
| 6 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £80,000 | £55,621 | £135,621 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 112.103 % | £89,682 | £169,682 |
| 3 Month Average | 89.378 % | £71,502 | £151,502 |
| 6 Month Average | 85.692 % | £68,553 | £148,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £292,758 | £290,000 | 5 WINTERBOURNES |
| 10 Feb 2023 | £274,815 | £275,000 | 31 NORWOOD WAY |
| 20 Jan 2023 | £253,804 | £255,000 | 171 WALTON ROAD |
| 24 Aug 2022 | £309,168 | £310,000 | 155 CLAYS ROAD |
| 1 Jul 2022 | £250,675 | £250,000 | 118 CLAYS ROAD |
This house has a floor area of 90 sq meters or 979 sq feet when measured on 14 May 2010. Using an estimated price of £135,622 means this house is valued at £1,490 per sq meter (£138 per sq foot).
The average size of a house on NORWOOD WAY is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near B1336 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1336 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Harrods |
| Mar 2024 | Public order | Under investigation | On or near Rochford Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rochford Way |