£499,930
This estimated value is based upon the latest sale price for the house of £292,500 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Old Post Office, 4 Church Street, Sawbridgeworth, CM21 9AB
Phone: 01279246649
| Price Paid | Date |
|---|---|
| £292,500 | 23 Mar 2012 |
| £239,950 | 24 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 53 sq meters or 578 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £292,500 results in an estimated price of approximately £499,930.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £292,500 | £207,430 | £499,930 |
The Postcode Pricing Model uses changes in average sales price within the CM21 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 | 32.981 % | £96,468 | £388,968 |
| 3 Month Average | 39.373 % | £115,167 | £407,667 |
| 6 Month Average | 52.551 % | £153,711 | £446,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £700,543 | £693,000 | 88 SHEERING LOWER ROAD |
| 28 Feb 2023 | £239,839 | £240,000 | 161B SHEERING LOWER ROAD |
| 20 Jan 2023 | £447,890 | £450,000 | 20 ASH GROVES |
| 19 Aug 2022 | £518,604 | £520,000 | 2 ASH GROVES |
| 9 Aug 2022 | £291,715 | £292,500 | 10 BICKERTON COURT SHEERING LOWER ROAD |
This house has a floor area of 53 sq meters or 578 sq feet when measured on 12 Apr 2011. Using an estimated price of £499,930 means this house is valued at £9,299 per sq meter (£863 per sq foot).
The average size of a house on SHEERING LOWER ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near The Meadows |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Meadows |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Meadows |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Groves |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Four Acres |