£453,346
This estimated value is based upon the latest sale price for the house of £395,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£395,000 | 4 Dec 2020 |
£192,000 | 27 May 2004 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £395,000 results in an estimated price of approximately £453,346.
4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £395,000 | £58,346 | £453,346 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 4.578 % | £18,084 | £413,084 |
3 Month Average | -17.340 % | £-68,491 | £326,508 |
6 Month Average | 2.310 % | £9,124 | £404,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £426,312 | £420,000 | 64 HIGHFIELDS ROAD |
25 Jul 2023 | £790,641 | £780,000 | 40 HIGHFIELDS ROAD |
23 Sep 2022 | £396,796 | £400,000 | 36 CROMWELL WAY |
1 Apr 2022 | £401,622 | £390,000 | 113 CHELMER ROAD |
25 Feb 2022 | £471,913 | £450,000 | 111 CHELMER ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Aug 2020. Using an estimated price of £453,347 means this house is valued at £4,772 per sq meter (£443 per sq foot).
The average size of a house on HIGHFIELDS ROAD is 116 sq meters (1,258 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfields Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfields Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfields Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Colne Chase |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Chase |