£310,186
This estimated value is based upon the latest sale price for the house of £130,000 on 30 May 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near The Drive
More crime details
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Price Paid | Date |
---|---|
£130,000 | 30 May 2003 |
£50,000 | 22 Nov 1996 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 2003 the House Price Index for ESSEX was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £130,000 results in an estimated price of approximately £310,186.
30 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £130,000 | £180,186 | £310,186 |
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 | 98.196 % | £127,654 | £257,654 |
3 Month Average | 107.459 % | £139,697 | £269,697 |
6 Month Average | 104.402 % | £135,721 | £265,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £397,205 | £385,000 | 59 ROCHFORD GARDEN WAY |
29 Nov 2023 | £348,855 | £340,000 | 122 ROCHFORD GARDEN WAY |
31 Jan 2023 | £381,018 | £380,000 | 65 THE DRIVE |
29 Apr 2022 | £331,975 | £320,000 | 78 THE DRIVE |
1 Apr 2022 | £269,730 | £260,000 | 29 ROCHFORD GARDEN WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 15 Oct 2014. Using an estimated price of £310,187 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on THE DRIVE is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Clare Meadow |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Clare Meadow |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Clare Meadow |