£349,899
This estimated value is based upon the latest sale price for the house of £232,000 on 8 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £232,000 | 8 Oct 2014 |
| Semi-Detached |
| 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 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £232,000 results in an estimated price of approximately £349,899.
| 8 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £232,000 | £117,899 | £349,899 |
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 | 41.063 % | £95,266 | £327,266 |
| 3 Month Average | 36.602 % | £84,915 | £316,915 |
| 6 Month Average | 34.382 % | £79,766 | £311,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £383,715 | £375,000 | 52 PARKLANDS |
| 18 Oct 2023 | £332,553 | £325,000 | 8 GREENLANDS |
| 27 Oct 2022 | £401,160 | £402,500 | 14 WOODVILLE CLOSE |
| 17 Jun 2022 | £393,410 | £385,000 | 67 HOLT FARM WAY |
| 1 Jun 2022 | £342,317 | £335,000 | 11 WOODVILLE CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Apr 2014. Using an estimated price of £349,900 means this house is valued at £3,976 per sq meter (£369 per sq foot).
The average size of a house on GREENLANDS is 72 sq meters (779 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Woodville Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Parklands |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parklands |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parklands |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parklands |