£291,896
This estimated value is based upon the latest sale price for the house of £247,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £247,000 | 16 Oct 2020 |
| £155,000 | 22 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £247,000 results in an estimated price of approximately £291,896.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £247,000 | £44,896 | £291,896 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -32.077 % | £-79,229 | £167,770 |
| 3 Month Average | 18.351 % | £45,327 | £292,327 |
| 6 Month Average | 7.562 % | £18,678 | £265,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £363,002 | £355,000 | 75 CROSS ROAD |
| 7 Aug 2023 | £356,429 | £350,000 | 154 FAMBRIDGE ROAD |
| 25 Jul 2022 | £479,808 | £475,000 | 202 FAMBRIDGE ROAD |
| 14 Jul 2022 | £409,099 | £405,000 | 3 QUEENS AVENUE |
| 13 Jun 2022 | £551,795 | £540,000 | 105 CROSS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Oct 2011. Using an estimated price of £291,896 means this house is valued at £3,317 per sq meter (£308 per sq foot).
The average size of a house on FAMBRIDGE CLOSE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Unable to prosecute suspect | On or near Fambridge Close |
| Jul 2024 | Public order | Awaiting court outcome | On or near Manse Chase |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manse Chase |
| Jul 2024 | Public order | Under investigation | On or near Braeburn Drive |
| Jun 2024 | Drugs | Local resolution | On or near Braeburn Drive |