£372,851
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Oct 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 16 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 £265,000 results in an estimated price of approximately £372,851.
| 16 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £265,000 | £107,851 | £372,851 |
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 | -19.065 % | £-50,522 | £214,477 |
| 3 Month Average | 23.060 % | £61,109 | £326,109 |
| 6 Month Average | 30.895 % | £81,871 | £346,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £353,089 | £350,000 | 59 WESTBURY |
| 1 Aug 2023 | £332,912 | £330,000 | 17 WESTBURY |
| 23 Jun 2023 | £473,232 | £467,500 | 77 RECTORY ROAD |
| 5 Jun 2023 | £349,230 | £345,000 | 7 BRAXTED CLOSE |
| 26 Jan 2023 | £373,242 | £375,000 | 1 BRAXTED CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Jun 2015. Using an estimated price of £372,852 means this house is valued at £3,270 per sq meter (£303 per sq foot).
The average size of a house on WESTBURY is 82 sq meters (887 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Eastbury Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastbury Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastbury Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Gardens |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cambridge Gardens |