£338,555
This estimated value is based upon the latest sale price for the house of £316,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£316,000 | 15 Dec 2021 |
£148,000 | 5 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £316,000 results in an estimated price of approximately £338,555.
15 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £316,000 | £22,555 | £338,555 |
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 | -36.235 % | £-114,502 | £201,497 |
3 Month Average | -12.686 % | £-40,087 | £275,912 |
6 Month Average | -11.040 % | £-34,887 | £281,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £358,305 | £353,000 | 16 RECTORY AVENUE |
21 Jul 2023 | £290,915 | £287,000 | 32 DORSET GARDENS |
7 Jul 2023 | £339,570 | £335,000 | 7 PRINCESS GARDENS |
19 Jun 2023 | £328,985 | £325,000 | 35 DORSET GARDENS |
24 Mar 2023 | £292,758 | £290,000 | 29 DORSET GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Aug 2019. Using an estimated price of £338,555 means this house is valued at £3,983 per sq meter (£370 per sq foot).
The average size of a house on DORSET GARDENS is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Avon Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Gardens |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cambridge Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Russetts |
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Russetts |