£435,637
This estimated value is based upon the latest sale price for the house of £299,995 on 24 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Newhall
More crime details
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| Price Paid | Date |
|---|---|
| £299,995 | 24 Jun 2015 |
| £209,995 | 31 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £299,995 results in an estimated price of approximately £435,637.
| 24 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £299,995 | £135,642 | £435,637 |
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 | -20.470 % | £-61,408 | £238,586 |
| 3 Month Average | 13.381 % | £40,143 | £340,138 |
| 6 Month Average | 24.422 % | £73,265 | £373,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £450,763 | £445,000 | 6 WEDGWOOD WAY |
| 29 Aug 2023 | £419,167 | £415,500 | 15 DERBYDALE |
| 18 Apr 2023 | £328,537 | £325,000 | 16 ALLERTON CLOSE |
| 23 Nov 2022 | £301,350 | £305,000 | 28 ALLERTON CLOSE |
| 14 Jan 2022 | £347,295 | £330,000 | 34 DOULTON WAY |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 23 Jan 2015. Using an estimated price of £435,638 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on WEDGWOOD WAY is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newhall |
| Mar 2024 | Burglary | Under investigation | On or near Newhall |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macintyres Walk |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doulton Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Copelands |