£147,982
This estimated value is based upon the latest sale price for the house of £115,000 on 11 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £115,000 | 11 May 2017 |
| £68,500 | 25 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £115,000 results in an estimated price of approximately £147,982.
| 11 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £115,000 | £32,982 | £147,982 |
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 | 37.230 % | £42,814 | £157,814 |
| 3 Month Average | 21.742 % | £25,003 | £140,003 |
| 6 Month Average | 26.643 % | £30,639 | £145,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £760,232 | £750,000 | 124 - 126 FURTHERWICK ROAD |
| 30 Mar 2023 | £222,092 | £220,000 | 87 FURTHERWICK ROAD |
| 30 Jan 2023 | £248,828 | £250,000 | 74A FURTHERWICK ROAD |
| 16 Jan 2023 | £661,882 | £665,000 | 212 FURTHERWICK ROAD |
| 9 Jun 2022 | £448,843 | £442,500 | 4 ELM ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 23 May 2019. Using an estimated price of £147,982 means this house is valued at £3,523 per sq meter (£327 per sq foot).
The average size of a house on FURTHERWICK ROAD is 120 sq meters (1,299 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oak Road | |
| Mar 2024 | Drugs | Local resolution | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |