£589,257
This estimated value is based upon the latest sale price for the house of £550,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £550,000 | 9 Dec 2021 |
| £490,000 | 15 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 £550,000 results in an estimated price of approximately £589,257.
| 9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £550,000 | £39,257 | £589,257 |
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 % | £-199,292 | £350,707 |
| 3 Month Average | -12.686 % | £-69,772 | £480,227 |
| 6 Month Average | -11.040 % | £-60,722 | £489,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £580,075 | £575,000 | 45 LASCELLES GARDENS |
| 18 Apr 2023 | £328,537 | £325,000 | 16 ALLERTON CLOSE |
| 11 Apr 2023 | £480,170 | £475,000 | 56 PRINCESS GARDENS |
| 24 Feb 2023 | £264,822 | £265,000 | 17 ALLERTON CLOSE |
| 16 Jan 2023 | £522,539 | £525,000 | 43 LASCELLES GARDENS |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 30 May 2018. Using an estimated price of £589,257 means this house is valued at £3,928 per sq meter (£364 per sq foot).
The average size of a house on LASCELLES GARDENS is 117 sq meters (1,268 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allerton Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doulton Way |
| Mar 2024 | Burglary | Under investigation | On or near Hogarth Way |
| Jan 2024 | Anti-social behaviour | On or near Hogarth Way | |
| Jan 2024 | Anti-social behaviour | On or near Hogarth Way |