£299,985
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 6 Dec 2021 |
| £175,000 | 11 Dec 2009 |
| £156,500 | 5 Sep 2003 |
| Semi-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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £280,000 results in an estimated price of approximately £299,985.
| 6 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £280,000 | £19,985 | £299,985 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -15.659 % | £-43,846 | £236,153 |
| 3 Month Average | -14.237 % | £-39,862 | £240,137 |
| 6 Month Average | 5.914 % | £16,559 | £296,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £308,547 | £310,000 | 109 NEW ROAD |
| 30 Aug 2022 | £317,146 | £318,000 | 97 NEW ROAD |
| 19 Aug 2022 | £543,537 | £545,000 | 179 NEW ROAD |
| 4 Feb 2022 | £325,095 | £310,000 | 107 NEW ROAD |
| 6 Dec 2021 | £299,986 | £280,000 | 75 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Havengore Close |
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Mar 2024 | Other theft | Under investigation | On or near New England Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England Crescent |