£309,551
This estimated value is based upon the latest sale price for the house of £187,000 on 18 Dec 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£187,000 | 18 Dec 2006 |
£155,000 | 22 Jul 2005 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 814 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 December 2006 the House Price Index for ESSEX was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £187,000 results in an estimated price of approximately £309,551.
18 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 148.6 | 65.536 % | £187,000 | £122,551 | £309,551 |
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 | 83.032 % | £155,269 | £342,269 |
3 Month Average | 78.472 % | £146,741 | £333,741 |
6 Month Average | 84.672 % | £158,336 | £345,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £279,133 | £275,000 | HOPE VILLA KORNDYK AVENUE |
22 Sep 2023 | £374,792 | £370,000 | 5 LARUP AVENUE |
24 Aug 2023 | £176,544 | £175,000 | FLAT 10 OYSTER COURT, 5 - 11 ELDER TREE ROAD |
21 Mar 2023 | £151,427 | £150,000 | FLAT 16 OYSTER COURT, 5 - 11 ELDER TREE ROAD |
27 May 2022 | £305,761 | £300,000 | 3 KORNDYK AVENUE |
This house has a floor area of 75 sq meters or 814 sq feet when measured on 17 Oct 2011. Using an estimated price of £309,551 means this house is valued at £4,091 per sq meter (£380 per sq foot).
The average size of a house on ADELSBURG ROAD is 93 sq meters (1,004 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Adelsburg Road |
Dec 2023 | Anti-social behaviour | On or near Adelsburg Road | |
Dec 2023 | Anti-social behaviour | On or near Adelsburg Road | |
Dec 2023 | Anti-social behaviour | On or near Adelsburg Road | |
Dec 2023 | Anti-social behaviour | On or near Adelsburg Road |