£308,821
This estimated value is based upon the latest sale price for the house of £181,000 on 26 Apr 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £181,000 | 26 Apr 2012 |
| £195,000 | 20 Jul 2004 |
| £140,000 | 13 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 809 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 April 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £181,000 results in an estimated price of approximately £308,821.
| 26 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £181,000 | £127,821 | £308,821 |
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 | 20.366 % | £36,862 | £217,862 |
| 3 Month Average | 57.980 % | £104,943 | £285,943 |
| 6 Month Average | 52.740 % | £95,460 | £276,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £334,959 | £330,000 | 42 PRINCESS GARDENS |
| 24 Jul 2023 | £359,843 | £355,000 | 11 PRINCESS GARDENS |
| 27 Jan 2023 | £472,773 | £475,000 | 9 LASCELLES GARDENS |
| 15 Sep 2022 | £414,652 | £418,000 | 379 ASHINGDON ROAD |
| 28 Apr 2022 | £489,155 | £475,000 | 3 LASCELLES GARDENS |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 26 Nov 2009. Using an estimated price of £308,822 means this house is valued at £4,106 per sq meter (£381 per sq foot).
The average size of a house on PRINCESS GARDENS is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Central Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lascelles Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashingdon Road |
| Mar 2024 | Other theft | Under investigation | On or near Ashingdon Road |