£397,146
This estimated value is based upon the latest sale price for the house of £72,500 on 14 Nov 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £72,500 | 14 Nov 1996 |
| Semi-Detached |
| Freehold |
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 November 1996 the House Price Index for ESSEX was 27.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 447.788%.Applying this 447.788% change to the original purchase price of £72,500 results in an estimated price of approximately £397,146.
| 14 Nov 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 149.7 | 447.788 % | £72,500 | £324,646 | £397,146 |
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 | 295.909 % | £214,534 | £287,034 |
| 3 Month Average | 425.058 % | £308,167 | £380,667 |
| 6 Month Average | 407.977 % | £295,783 | £368,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £379,637 | £370,000 | 46 SPENCER GARDENS |
| 13 Oct 2023 | £388,831 | £380,000 | 9 HILARY CLOSE |
| 4 Sep 2023 | £434,580 | £425,000 | 25 OXFORD ROAD |
| 22 Jun 2023 | £489,816 | £480,000 | 45 SPENCER GARDENS |
| 6 Mar 2023 | £503,407 | £495,000 | 72 SPENCER GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Vaughan Close |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Vaughan Close |