£270,569
This estimated value is based upon the latest sale price for the house of £155,000 on 6 Nov 2009. 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 Van Diemens Pass
More crime details
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| Price Paid | Date |
|---|---|
| £155,000 | 6 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 724 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 November 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £155,000 results in an estimated price of approximately £270,569.
| 6 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £155,000 | £115,569 | £270,569 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 83.598 % | £129,576 | £284,576 |
| 3 Month Average | 80.674 % | £125,044 | £280,044 |
| 6 Month Average | 95.764 % | £148,433 | £303,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £331,914 | £327,000 | 4 PARK LANE |
| 8 Aug 2023 | £731,399 | £725,000 | 33 SOUTHFALLS ROAD |
| 24 Feb 2023 | £324,781 | £325,000 | 31 SOUTHFALLS ROAD |
| 14 Nov 2022 | £311,230 | £315,000 | 30 SOUTHFALLS ROAD |
| 12 Jul 2022 | £277,748 | £277,000 | 22A NORTHFALLS ROAD |
This house has a floor area of 67 sq meters or 724 sq feet when measured on 27 Feb 2009. Using an estimated price of £270,570 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on PARK AVENUE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Van Diemens Pass |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leigh Beck Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northfalls Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Mar 2024 | Anti-social behaviour | On or near Point Road |