£652,199
This estimated value is based upon the latest sale price for the house of £530,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £530,000 | 9 Aug 2019 |
| £525,000 | 17 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £530,000 results in an estimated price of approximately £652,199.
| 9 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £530,000 | £122,199 | £652,199 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -3.660 % | £-19,397 | £510,602 |
| 3 Month Average | 3.709 % | £19,659 | £549,659 |
| 6 Month Average | 18.274 % | £96,851 | £626,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £560,279 | £555,000 | WEDGEWOOD KING EDWARD AVENUE |
| 23 Mar 2023 | £328,091 | £325,000 | 4 ASH GROVE |
| 24 Jan 2023 | £313,523 | £315,000 | 2 BEECH CLOSE |
| 10 Aug 2022 | £359,034 | £360,000 | 15 ASH GROVE |
| 22 Jul 2022 | £300,810 | £300,000 | 24 MAPLE WAY |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 9 Mar 2017. Using an estimated price of £652,199 means this house is valued at £4,903 per sq meter (£455 per sq foot).
The average size of a house on MALDON ROAD is 153 sq meters (1,654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near King Edward Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near King Edward Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Church Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |