£410,579
This estimated value is based upon the latest sale price for the house of £350,000 on 13 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 13 Oct 2020 |
| £212,000 | 22 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £350,000 results in an estimated price of approximately £410,579.
| 13 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £350,000 | £60,579 | £410,579 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -69.183 % | £-242,140 | £107,859 |
| 3 Month Average | -8.513 % | £-29,796 | £320,203 |
| 6 Month Average | 2.018 % | £7,061 | £357,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £432,569 | £425,000 | 14 BEACHES CLOSE |
| 30 Aug 2023 | £450,441 | £446,500 | 62 SOUTHVIEW ROAD |
| 28 Jul 2023 | £582,844 | £575,000 | 46 SOUTHVIEW ROAD |
| 28 Jul 2023 | £350,720 | £346,000 | 51 SOUTHVIEW ROAD |
| 26 Jun 2023 | £379,598 | £375,000 | 32 SOUTHBOURNE GROVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 20 Feb 2015. Using an estimated price of £410,579 means this house is valued at £5,950 per sq meter (£552 per sq foot).
The average size of a house on WESTBOURNE CLOSE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greensward Lane |