£323,831
This estimated value is based upon the latest sale price for the house of £312,500 on 10 Mar 2022. 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 The Drive
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| Price Paid | Date |
|---|---|
| £312,500 | 10 Mar 2022 |
| £180,000 | 21 Mar 2016 |
| £175,000 | 29 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 915 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £312,500 results in an estimated price of approximately £323,831.
| 10 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £312,500 | £11,331 | £323,831 |
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 | -10.591 % | £-33,096 | £279,403 |
| 3 Month Average | -1.849 % | £-5,776 | £306,723 |
| 6 Month Average | -0.486 % | £-1,517 | £310,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £391,856 | £385,000 | 59 ROCHFORD GARDEN WAY |
| 7 Jul 2023 | £397,855 | £392,500 | 63 ROCHFORD GARDEN WAY |
| 31 Jan 2023 | £378,218 | £380,000 | 65 THE DRIVE |
| 29 Apr 2022 | £329,536 | £320,000 | 78 THE DRIVE |
| 1 Apr 2022 | £267,748 | £260,000 | 29 ROCHFORD GARDEN WAY |
This house has a floor area of 85 sq meters or 915 sq feet when measured on 21 Dec 2010. Using an estimated price of £323,832 means this house is valued at £3,805 per sq meter (£353 per sq foot).
The average size of a house on THE DRIVE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
| Feb 2024 | Anti-social behaviour | On or near The Drive | |
| Feb 2024 | Anti-social behaviour | On or near The Drive | |
| Feb 2024 | Anti-social behaviour | On or near The Drive |