£337,591
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 15 Feb 2013 |
| 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 February 2013 the House Price Index for ESSEX was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £200,000 results in an estimated price of approximately £337,591.
| 15 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £200,000 | £137,591 | £337,591 |
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 | 1.592 % | £3,183 | £203,183 |
| 3 Month Average | 49.625 % | £99,250 | £299,250 |
| 6 Month Average | 54.147 % | £108,294 | £308,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £312,736 | £310,000 | 70 PARKLANDS |
| 28 Jul 2023 | £334,502 | £330,000 | 75 PARKLANDS |
| 28 Jul 2023 | £410,525 | £405,000 | 88 PARKLANDS |
| 31 Oct 2022 | £371,005 | £375,000 | 64 PARKLANDS |
| 10 Mar 2022 | £374,091 | £361,000 | 90 PARKLANDS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Feb 2014. Using an estimated price of £337,592 means this house is valued at £3,925 per sq meter (£364 per sq foot).
The average size of a house on PARKLANDS is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parklands |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parklands |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parklands |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parklands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parklands |