£283,315
This estimated value is based upon the latest sale price for the house of £167,500 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £167,500 | 7 Dec 2012 |
| £174,000 | 26 Aug 2004 |
| £72,000 | 8 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2012 the House Price Index for ESSEX was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £167,500 results in an estimated price of approximately £283,315.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £167,500 | £115,815 | £283,315 |
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 | 11.469 % | £19,210 | £186,710 |
| 3 Month Average | 52.185 % | £87,410 | £254,910 |
| 6 Month Average | 55.374 % | £92,751 | £260,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £310,432 | £305,000 | 40 PARKLANDS |
| 7 Jul 2023 | £316,763 | £312,500 | 20 HOLT FARM WAY |
| 27 Oct 2022 | £398,212 | £402,500 | 14 WOODVILLE CLOSE |
| 17 Jun 2022 | £390,519 | £385,000 | 67 HOLT FARM WAY |
| 1 Jun 2022 | £339,802 | £335,000 | 11 WOODVILLE CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 May 2012. Using an estimated price of £283,316 means this house is valued at £3,113 per sq meter (£289 per sq foot).
The average size of a house on HOLT FARM WAY is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenlands |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Greenlands |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parklands |
| 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 |