£203,498
This estimated value is based upon the latest sale price for the house of £60,000 on 7 Jun 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £60,000 | 7 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 June 2001 the House Price Index for ESSEX was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £60,000 results in an estimated price of approximately £203,498.
| 7 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £60,000 | £143,498 | £203,498 |
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 | 219.599 % | £131,759 | £191,759 |
| 3 Month Average | 222.940 % | £133,764 | £193,764 |
| 6 Month Average | 246.389 % | £147,833 | £207,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £353,089 | £350,000 | 72 PAARL ROAD |
| 18 Nov 2022 | £181,798 | £184,000 | 16 SYDERVELT ROAD |
| 31 Aug 2022 | £388,953 | £390,000 | 10 BORRETT AVENUE |
| 26 Aug 2022 | £366,513 | £367,500 | 55 WAAREM AVENUE |
| 30 May 2022 | £254,801 | £250,000 | 36 SYDERVELT ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 4 Jul 2012. Using an estimated price of £203,499 means this house is valued at £3,913 per sq meter (£363 per sq foot).
The average size of a house on BORRETT AVENUE is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Roosevel Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Daarle Avenue |
| Dec 2023 | Public order | Under investigation | On or near Daarle Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sydervelt Road |
| Dec 2023 | Anti-social behaviour | On or near Sydervelt Road |