£575,270
This estimated value is based upon the latest sale price for the house of £455,000 on 22 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £455,000 | 22 Jan 2018 |
| £282,000 | 14 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £455,000 results in an estimated price of approximately £575,270.
| 22 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £455,000 | £120,270 | £575,270 |
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 | 23.589 % | £107,328 | £562,328 |
| 3 Month Average | 4.539 % | £20,653 | £475,653 |
| 6 Month Average | -5.253 % | £-23,901 | £431,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £320,000 | £320,000 | 9 RUTLAND GARDENS |
| 22 Mar 2024 | £426,046 | £419,500 | 58 PRINCESS GARDENS |
| 6 Dec 2023 | £490,059 | £475,000 | 45 CENTRAL AVENUE |
| 11 Apr 2023 | £484,054 | £475,000 | 56 PRINCESS GARDENS |
| 16 Jan 2023 | £526,407 | £525,000 | 43 LASCELLES GARDENS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 17 Oct 2017. Using an estimated price of £575,271 means this house is valued at £4,875 per sq meter (£452 per sq foot).
The average size of a house on HAREWOOD AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Princess Gardens |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Princess Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Gardens |
| Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Princess Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Russetts |