£360,302
This estimated value is based upon the latest sale price for the house of £190,000 on 2 Nov 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 2 Nov 2004 |
| £140,000 | 11 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2004 the House Price Index for ESSEX was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £190,000 results in an estimated price of approximately £360,302.
| 2 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £190,000 | £170,302 | £360,302 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 73.825 % | £140,267 | £330,267 |
| 3 Month Average | 76.289 % | £144,948 | £334,948 |
| 6 Month Average | 83.526 % | £158,699 | £348,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £343,126 | £336,250 | 40 JUNIPER CRESCENT |
| 3 Apr 2023 | £329,309 | £323,150 | 4 ACACIA GARDENS |
| 29 Jul 2022 | £176,771 | £175,000 | 41 FOREST ROAD |
| 13 May 2022 | £359,362 | £350,000 | 1 ACACIA GARDENS |
| 1 Mar 2022 | £260,983 | £250,000 | 36 MULBERRY GARDENS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Sep 2017. Using an estimated price of £360,302 means this house is valued at £4,448 per sq meter (£413 per sq foot).
The average size of a house on MULBERRY GARDENS is 59 sq meters (643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Mulberry Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Mulberry Gardens | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Motts Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Motts Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Gardens |