£425,662
This estimated value is based upon the latest sale price for the house of £354,995 on 3 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£354,995 | 3 Aug 2020 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £354,995 results in an estimated price of approximately £425,662.
3 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £354,995 | £70,667 | £425,662 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 47.737 % | £169,464 | £524,459 |
3 Month Average | -0.626 % | £-2,222 | £352,772 |
6 Month Average | 12.207 % | £43,334 | £398,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £327,183 | £323,000 | 6 FLEMMING WAY |
26 Jul 2023 | £451,071 | £445,000 | 14 BROWN CLOSE |
24 Jul 2023 | £430,798 | £425,000 | 2 EVANS WAY |
15 Jun 2023 | £336,071 | £332,000 | 55 FLEMMING WAY |
31 Jan 2023 | £333,429 | £335,000 | 10 BROWN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Mar 2020. Using an estimated price of £425,662 means this house is valued at £4,782 per sq meter (£444 per sq foot).
The average size of a house on SHELLEY GARDENS is 128 sq meters (1,387 sq feet).
This house is the smallest in the street with a floor area of 89 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Gardens |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bickmore Grove |
Mar 2024 | Anti-social behaviour | On or near Evans Way | |
Mar 2024 | Anti-social behaviour | On or near Evans Way | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Evans Way |