£607,462
This estimated value is based upon the latest sale price for the house of £575,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £575,000 | 11 Feb 2022 |
| £317,500 | 8 Jul 2013 |
| £304,000 | 24 Aug 2006 |
| £238,000 | 26 Sep 2002 |
| £88,000 | 29 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £575,000 results in an estimated price of approximately £607,462.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £575,000 | £32,462 | £607,462 |
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 | 2.491 % | £14,322 | £589,322 |
| 3 Month Average | -12.284 % | £-70,631 | £504,368 |
| 6 Month Average | -12.327 % | £-70,878 | £504,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £401,709 | £395,000 | 41 HARROGATE ROAD |
| 31 Jan 2023 | £330,884 | £330,000 | 12 HARROGATE ROAD |
| 26 Jan 2023 | £562,503 | £561,000 | MOUNT VIEW GREENSWARD LANE |
| 25 Nov 2022 | £388,185 | £390,000 | 32 HARROGATE ROAD |
| 22 Jun 2022 | £388,300 | £380,000 | 227 GREENSWARD LANE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 22 Feb 2015. Using an estimated price of £607,463 means this house is valued at £4,339 per sq meter (£403 per sq foot).
The average size of a house on GREENSWARD LANE is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Greensward Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greensward Lane |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Pulpits Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greensward Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mapleleaf Close |