£316,218
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Nov 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Nov 2016 |
| £200,000 | 30 Apr 2007 |
| £170,000 | 28 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £240,000 results in an estimated price of approximately £316,218.
| 24 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £240,000 | £76,218 | £316,218 |
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 | 20.431 % | £49,034 | £289,034 |
| 3 Month Average | 38.851 % | £93,241 | £333,241 |
| 6 Month Average | 39.934 % | £95,840 | £335,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2022 | £277,757 | £280,000 | 20 LEIGH ROAD |
| 29 Mar 2022 | £839,372 | £810,000 | 2 CLEVELAND ROAD |
| 4 Feb 2022 | £314,608 | £300,000 | 1 BLACKMORE AVENUE |
| 9 Dec 2021 | £541,045 | £505,000 | 35A MARINE APPROACH |
| 5 Jan 2021 | £245,384 | £215,000 | 26 CLEVELAND ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Jun 2016. Using an estimated price of £316,218 means this house is valued at £3,593 per sq meter (£333 per sq foot).
The average size of a house on LEIGH ROAD is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leigh Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leigh Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leigh Road |
| Mar 2024 | Drugs | Under investigation | On or near Thorp Leas |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sylvan Close |