£413,075
This estimated value is based upon the latest sale price for the house of £385,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £385,000 | 29 Jun 2021 |
| £285,000 | 10 Jul 2019 |
| £300,000 | 14 Feb 2019 |
| £165,000 | 24 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £385,000 results in an estimated price of approximately £413,075.
| 29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £385,000 | £28,075 | £413,075 |
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 | 7.671 % | £29,533 | £414,533 |
| 3 Month Average | 6.562 % | £25,265 | £410,265 |
| 6 Month Average | 10.685 % | £41,138 | £426,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £554,854 | £550,000 | 2 MEYNELL AVENUE |
| 30 Jun 2023 | £430,211 | £425,000 | 20 MEYNELL AVENUE |
| 24 Jan 2023 | £298,593 | £300,000 | 44 ATHERSTONE ROAD |
| 11 Jan 2023 | £388,171 | £390,000 | 13 ATHERSTONE ROAD |
| 22 Jul 2022 | £350,945 | £350,000 | 6 ATHERSTONE ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 7 Nov 2018. Using an estimated price of £413,076 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on ATHERSTONE ROAD is 115 sq meters (1,246 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Atherstone Road |