£517,669
This estimated value is based upon the latest sale price for the house of £420,000 on 10 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 10 Feb 2020 |
| £225,000 | 16 Aug 2006 |
| £175,500 | 18 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £420,000 results in an estimated price of approximately £517,669.
| 10 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £420,000 | £97,669 | £517,669 |
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 | -3.506 % | £-14,724 | £405,275 |
| 3 Month Average | -4.355 % | £-18,292 | £401,707 |
| 6 Month Average | -6.095 % | £-25,598 | £394,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £10,156 | £10,000 | UNIT 5 ROCHEVIEW BUSINESS PARK |
| 29 Sep 2023 | £357,889 | £350,000 | 74 SUTTON ROAD |
| 25 Aug 2023 | £463,357 | £455,000 | SUTTON COTTAGE SUTTON ROAD |
| 30 Mar 2023 | £284,755 | £280,000 | 4 FLEET HALL COTTAGES |
| 20 Jan 2023 | £1,203,215 | £1,200,000 | 12A PURDEYS WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Aug 2019. Using an estimated price of £517,670 means this house is valued at £5,392 per sq meter (£500 per sq foot).
There is one other house on the street which we know the size of, this is BUTLERS GATE SHOPLAND ROAD it is 84.14
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Way |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Magnolia Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rose Way |
| May 2024 | Drugs | Awaiting court outcome | On or near Fleethall Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Millhead Way |