£344,421
This estimated value is based upon the latest sale price for the house of £340,000 on 29 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£340,000 | 29 Nov 2023 |
£39,000 | 31 Jul 1997 |
Freehold |
Floor Area: 89 sq meters or 957 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 2023 the House Price Index for ESSEX was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £340,000 results in an estimated price of approximately £344,421.
29 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £340,000 | £4,421 | £344,421 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -25.806 % | £-87,741 | £252,258 |
3 Month Average | 11.206 % | £38,099 | £378,099 |
6 Month Average | -10.810 % | £-36,752 | £303,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £392,424 | £385,000 | 59 ROCHFORD GARDEN WAY |
29 Nov 2023 | £344,422 | £340,000 | 122 ROCHFORD GARDEN WAY |
7 Jul 2023 | £396,248 | £392,500 | 63 ROCHFORD GARDEN WAY |
15 Jun 2023 | £327,657 | £325,000 | 3 TYLNEY AVENUE |
28 Apr 2023 | £302,246 | £300,000 | 6 TYLNEY AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 Jan 2015. Using an estimated price of £344,422 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on ROCHFORD GARDEN WAY is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Tylney Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tylney Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tylney Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Boulevard |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Boulevard |