£1,227,992
This estimated value is based upon the latest sale price for the house of £950,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £950,000 | 28 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 228 sq meters or 2,454 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 April 2017 the House Price Index for ESSEX was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £950,000 results in an estimated price of approximately £1,227,992.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £950,000 | £277,992 | £1,227,992 |
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 | -27.365 % | £-259,966 | £690,033 |
| 3 Month Average | 12.401 % | £117,809 | £1,067,809 |
| 6 Month Average | 13.862 % | £131,693 | £1,081,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £433,795 | £430,000 | 18 ELIZABETH GARDENS |
| 2 Dec 2021 | £658,897 | £615,000 | 4 ELIZABETH GARDENS |
| 18 Aug 2021 | £474,137 | £425,000 | 3 ANNE CLOSE |
| 16 Dec 2020 | £898,660 | £783,000 | 6 HAROLD CLOSE |
| 23 Nov 2020 | £469,538 | £405,000 | 8 ELIZABETH GARDENS |
This house has a floor area of 228 sq meters or 2,454 sq feet when measured on 2 Sep 2016. Using an estimated price of £1,227,992 means this house is valued at £5,385 per sq meter (£500 per sq foot).
The average size of a house on HALL ROAD is 277 sq meters (2,986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hall Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near William Gardens |
| Apr 2024 | Public order | Under investigation | On or near Elizabeth Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elizabeth Gardens |
| Feb 2024 | Public order | Under investigation | On or near Elizabeth Gardens |