£121,482
This estimated value is based upon the latest sale price for the house of £85,000 on 24 Sep 2015. 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 Hayes Road
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Price Paid | Date |
---|---|
£85,000 | 24 Sep 2015 |
£98,000 | 15 Nov 2007 |
£98,000 | 15 Nov 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 September 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £85,000 results in an estimated price of approximately £121,482.
24 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £85,000 | £36,482 | £121,482 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 31.126 % | £26,456 | £111,456 |
3 Month Average | 36.225 % | £30,791 | £115,791 |
6 Month Average | 43.361 % | £36,856 | £121,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £135,415 | £133,334 | FLAT 2 DORSET HOUSE, 26 WELLESLEY ROAD |
20 Oct 2023 | £281,391 | £275,000 | 22 HAYES ROAD |
19 Oct 2023 | £136,433 | £133,334 | FLAT 1 DORSET HOUSE, 26 WELLESLEY ROAD |
30 Jun 2023 | £136,061 | £133,334 | FLAT 3 DORSET HOUSE, 26 WELLESLEY ROAD |
6 Jun 2023 | £91,840 | £90,000 | 5B HAYES ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Jul 2014. Using an estimated price of £121,483 means this house is valued at £2,249 per sq meter (£209 per sq foot).
The average size of a house on WELLESLEY ROAD is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Local resolution | On or near Hayes Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hayes Road |
Jun 2024 | Burglary | Under investigation | On or near Hayes Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hayes Road |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hayes Road |