£398,532
This estimated value is based upon the latest sale price for the house of £215,000 on 22 Jun 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £215,000 | 22 Jun 2009 |
| £165,000 | 1 Oct 2002 |
| £68,000 | 25 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 855 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 June 2009 the House Price Index for ESSEX was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £215,000 results in an estimated price of approximately £398,532.
| 22 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £215,000 | £183,532 | £398,532 |
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 | 103.809 % | £223,188 | £438,188 |
| 3 Month Average | 86.414 % | £185,790 | £400,790 |
| 6 Month Average | 66.414 % | £142,790 | £357,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £306,931 | £297,500 | 61 STAMBRIDGE ROAD |
| 25 Aug 2023 | £458,265 | £450,000 | 9 MORNINGTON AVENUE |
| 9 Aug 2023 | £458,265 | £450,000 | 90 STAMBRIDGE ROAD |
| 10 Feb 2023 | £437,925 | £435,000 | 58 STAMBRIDGE ROAD |
| 10 Jan 2023 | £441,179 | £440,000 | 10 MORNINGTON AVENUE |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 27 Mar 2009. Using an estimated price of £398,533 means this house is valued at £5,014 per sq meter (£465 per sq foot).
The average size of a house on MORNINGTON AVENUE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Mornington Avenue |
| Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Mornington Avenue |