£664,195
This estimated value is based upon the latest sale price for the house of £500,000 on 14 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near New Park Road
More crime details
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| Price Paid | Date |
|---|---|
| £500,000 | 14 Sep 2016 |
| 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £500,000 results in an estimated price of approximately £664,195.
| 14 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £500,000 | £164,195 | £664,195 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -57.875 % | £-289,376 | £210,623 |
| 3 Month Average | 13.467 % | £67,334 | £567,334 |
| 6 Month Average | 11.371 % | £56,853 | £556,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £348,755 | £345,000 | 67 SOUTHBOURNE GROVE |
| 31 Mar 2023 | £403,804 | £400,000 | 6 WESTBOURNE CLOSE |
| 26 Jan 2023 | £558,370 | £561,000 | MOUNT VIEW GREENSWARD LANE |
| 6 Oct 2022 | £395,739 | £400,000 | MAGNOLIA LODGE LOWER ROAD |
| 22 Jun 2022 | £385,447 | £380,000 | 227 GREENSWARD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Action to be taken by another organisation | On or near New Park Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Harrogate Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greensward Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pulpits Close |
| Apr 2024 | Public order | Under investigation | On or near Pulpits Close |