£254,977
This estimated value is based upon the latest sale price for the house of £200,000 on 14 Jul 2017. 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
More crime details
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| Price Paid | Date |
|---|---|
| £200,000 | 14 Jul 2017 |
| 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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £200,000 results in an estimated price of approximately £254,977.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £200,000 | £54,977 | £254,977 |
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 | -23.100 % | £-46,199 | £153,800 |
| 3 Month Average | 15.466 % | £30,931 | £230,931 |
| 6 Month Average | 16.699 % | £33,398 | £233,398 |
| 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 |
| 3 Mar 2023 | £333,139 | £330,000 | 34 BOBBING CLOSE |
| 31 Jan 2023 | £378,218 | £380,000 | 65 THE DRIVE |
| 29 Apr 2022 | £329,536 | £320,000 | 78 THE DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Mar 2017. Using an estimated price of £254,978 means this house is valued at £3,109 per sq meter (£288 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 |