£433,195
This estimated value is based upon the latest sale price for the house of £425,000 on 12 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 12 Dec 2023 |
| £380,000 | 1 Feb 2019 |
| £330,000 | 18 Jan 2016 |
| £179,000 | 8 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 December 2023 the House Price Index for ESSEX was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £425,000 results in an estimated price of approximately £433,195.
| 12 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £425,000 | £8,195 | £433,195 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -75.775 % | £-322,043 | £102,956 |
| 3 Month Average | -11.440 % | £-48,621 | £376,378 |
| 6 Month Average | 6.103 % | £25,938 | £450,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £433,196 | £425,000 | 14 BEACHES CLOSE |
| 25 Aug 2023 | £382,325 | £380,000 | 39 CHESTNUT CLOSE |
| 22 Aug 2023 | £337,050 | £335,000 | 55 SOUTHBOURNE GROVE |
| 10 Aug 2023 | £364,718 | £362,500 | 12 WESTBOURNE CLOSE |
| 28 Jul 2023 | £349,304 | £346,000 | 51 SOUTHVIEW ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 25 Sep 2015. Using an estimated price of £433,196 means this house is valued at £4,375 per sq meter (£406 per sq foot).
The average size of a house on BEACHES CLOSE is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Walk |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greensward Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victor Gardens |