£330,566
This estimated value is based upon the latest sale price for the house of £190,000 on 12 May 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 12 May 2011 |
| 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 May 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £190,000 results in an estimated price of approximately £330,566.
| 12 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £190,000 | £140,566 | £330,566 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 60.469 % | £114,890 | £304,890 |
| 3 Month Average | 87.188 % | £165,657 | £355,657 |
| 6 Month Average | 77.183 % | £146,646 | £336,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £242,102 | £240,000 | LOCK HOUSE BASIN ROAD |
| 28 Mar 2024 | £515,419 | £507,500 | 2 MARITIME AVENUE |
| 22 Mar 2024 | £304,681 | £300,000 | 94 BASIN ROAD |
| 8 Nov 2023 | £353,986 | £345,000 | 57 BASIN ROAD |
| 9 Oct 2023 | £434,877 | £425,000 | 62 BASIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lock Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Georges Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near St Georges Close |
| Sep 2024 | Anti-social behaviour | On or near Ramsey Close | |
| Sep 2024 | Anti-social behaviour | On or near Ramsey Close |