£301,676
This estimated value is based upon the latest sale price for the house of £265,000 on 10 May 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£265,000 | 10 May 2021 |
£195,000 | 21 Mar 2006 |
£132,000 | 7 Aug 2002 |
Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 2021 the House Price Index for ESSEX was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £265,000 results in an estimated price of approximately £301,676.
10 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 149.7 | 13.840 % | £265,000 | £36,676 | £301,676 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | -18.562 % | £-49,187 | £215,812 |
3 Month Average | 54.543 % | £144,538 | £409,538 |
6 Month Average | 22.223 % | £58,891 | £323,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £250,000 | £250,000 | 28 GREAT HARRODS |
27 Sep 2023 | £301,650 | £295,000 | 5 OCKENDON WAY |
6 Apr 2023 | £443,291 | £435,000 | 12 OCKENDON WAY |
20 Feb 2023 | £307,051 | £305,000 | 25 GREAT HARRODS |
26 Jan 2023 | £416,112 | £415,000 | 19 GRANGE CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Aug 2020. Using an estimated price of £301,677 means this house is valued at £5,292 per sq meter (£491 per sq foot).
The average size of a house on ROCHFORD WAY is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Harrods |
Jul 2024 | Burglary | Under investigation | On or near Rochford Way |
Jun 2024 | Vehicle crime | Under investigation | On or near Little Bakers |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brambles |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bennett Close |