£245,437
This estimated value is based upon the latest sale price for the house of £136,000 on 14 Aug 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £136,000 | 14 Aug 2009 |
| £132,000 | 11 Jun 2004 |
| £68,000 | 24 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 37 sq meters or 403 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £136,000 results in an estimated price of approximately £245,437.
| 14 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £136,000 | £109,437 | £245,437 |
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 | 106.788 % | £145,231 | £281,231 |
| 3 Month Average | 99.117 % | £134,798 | £270,798 |
| 6 Month Average | 108.738 % | £147,883 | £283,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £356,233 | £350,000 | 25 WAAREM AVENUE |
| 8 Dec 2023 | £262,595 | £258,000 | 31A WAAREM AVENUE |
| 30 Jun 2023 | £242,943 | £240,000 | 22A URMOND ROAD |
| 23 Jun 2023 | £253,065 | £250,000 | 16 VAAGEN ROAD |
| 20 Feb 2023 | £244,835 | £245,000 | 4 PAARL ROAD |
This house has a floor area of 37 sq meters or 403 sq feet when measured on 6 Mar 2009. Using an estimated price of £245,437 means this house is valued at £6,544 per sq meter (£608 per sq foot).
The average size of a house on WAAREM AVENUE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paarl Road |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Paarl Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Roland Lane |
| Mar 2024 | Anti-social behaviour | On or near Lionel Road | |
| Mar 2024 | Anti-social behaviour | On or near Lionel Road |