£682,787
This estimated value is based upon the latest sale price for the house of £550,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £550,000 | 26 Oct 2018 |
| £302,500 | 29 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £550,000 results in an estimated price of approximately £682,787.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £550,000 | £132,787 | £682,787 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 9.663 % | £53,148 | £603,148 |
| 3 Month Average | -4.860 % | £-26,727 | £523,272 |
| 6 Month Average | -2.221 % | £-12,215 | £537,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £242,853 | £237,500 | 46 ROSE VALLEY |
| 31 Aug 2023 | £274,959 | £270,000 | FLAT 6 29 ROSE VALLEY |
| 26 Oct 2022 | £204,318 | £205,000 | FLAT 15 CORNSLAND COURT ROSE VALLEY |
| 6 Jul 2022 | £580,820 | £575,000 | 13 CORNSLAND |
| 10 Jun 2022 | £362,754 | £355,000 | FLAT A 51 ROSE VALLEY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 May 2018. Using an estimated price of £682,787 means this house is valued at £8,867 per sq meter (£823 per sq foot).
The average size of a house on CORNSLAND is 183 sq meters (1,971 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Leasway |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Leasway |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Valley |
| Aug 2024 | Anti-social behaviour | On or near Rose Valley | |
| Aug 2024 | Anti-social behaviour | On or near Rose Valley |