£451,687
This estimated value is based upon the latest sale price for the house of £445,000 on 26 Jan 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £445,000 | 26 Jan 2024 |
| £410,000 | 19 Oct 2020 |
| £245,995 | 21 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2024 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £445,000 results in an estimated price of approximately £451,687.
| 26 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £445,000 | £6,687 | £451,687 |
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 | 8.861 % | £39,431 | £484,431 |
| 3 Month Average | -3.993 % | £-17,770 | £427,229 |
| 6 Month Average | 0.092 % | £410 | £445,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £166,456 | £165,000 | FLAT 3 THAMES COURT WESTERN ESPLANADE |
| 15 Aug 2023 | £161,412 | £160,000 | FLAT 1 THAMES COURT WESTERN ESPLANADE |
| 23 Jun 2023 | £161,962 | £160,000 | FLAT 7 ST JAMES COURT WESTERN ESPLANADE |
| 21 Nov 2022 | £642,221 | £650,000 | 15 WESTERN ESPLANADE |
| 26 Sep 2022 | £347,196 | £350,000 | 8 THE CHERRIES |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Feb 2020.
There is one other house on the street which we know the size of, this is 8 THE CHERRIES it is 68.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Parking Area |
| Feb 2024 | Burglary | Under investigation | On or near Beachway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |