£605,004
This estimated value is based upon the latest sale price for the house of £430,000 on 21 Oct 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 21 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 251 sq meters or 2,701 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 October 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £430,000 results in an estimated price of approximately £605,004.
| 21 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £430,000 | £175,004 | £605,004 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 14.767 % | £63,496 | £493,496 |
| 3 Month Average | 32.311 % | £138,937 | £568,937 |
| 6 Month Average | 36.183 % | £155,588 | £585,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £374,537 | £370,000 | 90 FRONKS ROAD |
| 6 May 2022 | £372,010 | £365,000 | 21 SEAFIELD ROAD |
| 14 Feb 2022 | £398,504 | £380,000 | 6 SEAFIELD ROAD |
| 29 Sep 2021 | £447,201 | £415,000 | 26 FRONKS AVENUE |
| 23 Aug 2021 | £323,529 | £290,000 | 28 SEAFIELD ROAD |
This house has a floor area of 251 sq meters or 2,701 sq feet when measured on 24 Mar 2015. Using an estimated price of £605,005 means this house is valued at £2,410 per sq meter (£223 per sq foot).
The average size of a house on FRONKS ROAD is 140 sq meters (1,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Seafield Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Seafield Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Feb 2024 | Drugs | Local resolution | On or near Rowan Close |