£295,334
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£285,000 | 25 Mar 2022 |
£245,000 | 2 Nov 2017 |
£75,000 | 12 Jun 2009 |
£63,000 | 16 Sep 1999 |
Detached |
Freehold |
Floor Area: 46 sq meters or 495 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £285,000 results in an estimated price of approximately £295,334.
25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £285,000 | £10,334 | £295,334 |
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 | 13.803 % | £39,339 | £324,339 |
3 Month Average | -4.241 % | £-12,086 | £272,913 |
6 Month Average | 1.624 % | £4,627 | £289,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £260,000 | £260,000 | 22 CORONA ROAD |
17 Nov 2023 | £426,312 | £420,000 | 35 HEESWYK ROAD |
8 Nov 2022 | £323,580 | £327,500 | 8 NEWLANDS ROAD |
12 Aug 2022 | £316,149 | £317,000 | 25 CORONA ROAD |
14 Jun 2022 | £275,899 | £272,000 | 8 CORONA ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 8 May 2012. Using an estimated price of £295,335 means this house is valued at £6,420 per sq meter (£596 per sq foot).
The average size of a house on NEWLANDS ROAD is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Further action is not in the public interest | On or near Heeswyk Road |
Feb 2024 | Anti-social behaviour | On or near Corona Road | |
Feb 2024 | Anti-social behaviour | On or near Corona Road | |
Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Corona Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newlands Road |