£372,220
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Feb 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £250,000 results in an estimated price of approximately £372,220.
| 26 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £250,000 | £122,220 | £372,220 |
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 | 116.548 % | £291,368 | £541,368 |
| 3 Month Average | 38.176 % | £95,439 | £345,439 |
| 6 Month Average | 30.330 % | £75,826 | £325,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £305,000 | £305,000 | 12 BRAXTED CLOSE |
| 30 Aug 2023 | £356,429 | £350,000 | 59 WESTBURY |
| 1 Aug 2023 | £336,061 | £330,000 | 17 WESTBURY |
| 23 Jun 2023 | £477,060 | £467,500 | 77 RECTORY ROAD |
| 22 Jun 2023 | £304,094 | £298,000 | 44 HAREWOOD AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Sep 2014. Using an estimated price of £372,221 means this house is valued at £5,030 per sq meter (£467 per sq foot).
The average size of a house on RECTORY ROAD is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wendon Close |
| Jun 2024 | Anti-social behaviour | On or near Wendon Close | |
| Jun 2024 | Anti-social behaviour | On or near Wendon Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastbury Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastbury Avenue |