£281,599
This estimated value is based upon the latest sale price for the house of £224,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £224,000 | 21 Dec 2017 |
| £75,250 | 23 Dec 2008 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £224,000 results in an estimated price of approximately £281,599.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £224,000 | £57,599 | £281,599 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 48.604 % | £108,873 | £332,873 |
| 3 Month Average | 0.928 % | £2,078 | £226,078 |
| 6 Month Average | 9.254 % | £20,729 | £244,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 17 NORTH MILL PLACE |
| 29 Sep 2023 | £220,317 | £217,500 | 97 HEDINGHAM ROAD |
| 8 Sep 2023 | £278,562 | £275,000 | 66 HEDINGHAM ROAD |
| 14 Jul 2023 | £212,865 | £210,000 | 85 HEDINGHAM ROAD |
| 17 Apr 2023 | £262,830 | £260,000 | 113 HEDINGHAM ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Jun 2020. Using an estimated price of £281,600 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on HEDINGHAM ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Green |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mill Green |
| Jan 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Mill Chase |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Chase |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Upper Chapel Street |