£394,775
This estimated value is based upon the latest sale price for the house of £318,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £318,000 | 15 Oct 2018 |
| £136,500 | 16 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £318,000 results in an estimated price of approximately £394,775.
| 15 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £318,000 | £76,775 | £394,775 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 41.677 % | £132,533 | £450,533 |
| 3 Month Average | 14.446 % | £45,939 | £363,939 |
| 6 Month Average | 9.897 % | £31,471 | £349,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £410,000 | £410,000 | 4 GLENWOOD AVENUE |
| 25 Aug 2023 | £376,796 | £370,000 | 6 HEYCROFT ROAD |
| 30 Jan 2023 | £350,938 | £350,000 | 39 HEYCROFT ROAD |
| 2 Aug 2022 | £465,175 | £463,000 | 27 HARROW GARDENS |
| 5 Nov 2021 | £359,541 | £330,000 | 5 HEYCROFT ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Aug 2017. Using an estimated price of £394,775 means this house is valued at £4,699 per sq meter (£436 per sq foot).
The average size of a house on VICTOR GARDENS is 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victor Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clements Hall Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heycroft Road |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |