£375,898
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Oct 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Oct 2007 |
| Detached |
| Freehold |
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 2007 the House Price Index for ESSEX was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £240,000 results in an estimated price of approximately £375,898.
| 1 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £240,000 | £135,898 | £375,898 |
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 | 65.974 % | £158,337 | £398,337 |
| 3 Month Average | 52.260 % | £125,424 | £365,424 |
| 6 Month Average | 47.473 % | £113,935 | £353,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £87,000 | £87,000 | FLAT 22 LUCAM LODGE THE GARNERS |
| 9 Oct 2023 | £108,463 | £106,000 | FLAT 36 LUCAM LODGE THE GARNERS |
| 8 Aug 2023 | £361,520 | £355,000 | 3 STAMBRIDGE ROAD |
| 10 Jan 2023 | £441,179 | £440,000 | 10 MORNINGTON AVENUE |
| 15 Feb 2022 | £147,904 | £140,000 | FLAT 40 LUCAM LODGE THE GARNERS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rocheway |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Townfield Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Townfield Road |
| Apr 2024 | Anti-social behaviour | On or near Mornington Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Mornington Avenue |