£442,958
This estimated value is based upon the latest sale price for the house of £440,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £440,000 | 2 Feb 2023 |
| £200,000 | 12 Oct 2017 |
| £119,000 | 11 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £440,000 results in an estimated price of approximately £442,958.
| 2 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £440,000 | £2,958 | £442,958 |
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 | 3.093 % | £13,607 | £453,607 |
| 3 Month Average | -7.659 % | £-33,698 | £406,301 |
| 6 Month Average | -8.941 % | £-39,341 | £400,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £170,000 | £170,000 | 11 THE ANCHORAGE WESTERN ESPLANADE |
| 19 Apr 2024 | £364,162 | £361,000 | 6E FERNDALE CRESCENT |
| 20 Dec 2023 | £263,084 | £255,000 | 42 WELBECK ROAD |
| 14 Aug 2023 | £346,245 | £340,000 | 55 KITKATTS ROAD |
| 2 Feb 2023 | £442,959 | £440,000 | 11 BAY CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Jul 2017. Using an estimated price of £442,959 means this house is valued at £5,906 per sq meter (£548 per sq foot).
The average size of a house on BAY CLOSE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bay Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Bay Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Close |