£327,576
This estimated value is based upon the latest sale price for the house of £265,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 31 May 2019 |
| £135,000 | 28 Jan 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £265,000 results in an estimated price of approximately £327,576.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £265,000 | £62,576 | £327,576 |
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 | 29.891 % | £79,210 | £344,210 |
| 3 Month Average | 30.772 % | £81,546 | £346,546 |
| 6 Month Average | 22.671 % | £60,077 | £325,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £294,353 | £289,995 | 10 ROCHFORD WAY |
| 27 Jan 2023 | £231,410 | £232,500 | 62 GARDEN ROAD |
| 9 Aug 2022 | £256,809 | £257,500 | 25 ROCHFORD WAY |
| 18 Mar 2022 | £233,159 | £225,000 | 3 PULPIT FIELD CLOSE |
| 3 Dec 2021 | £278,558 | £260,000 | 11 PULPIT FIELD CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 15 Feb 2019. Using an estimated price of £327,576 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on ROCHFORD WAY is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bennett Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bennett Close |
| Apr 2024 | Other theft | Under investigation | On or near Pulpitfield Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pulpitfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Audries Estate |