£925,300
This estimated value is based upon the latest sale price for the house of £680,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Oaks Drive
More crime details
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| Price Paid | Date |
|---|---|
| £680,000 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £680,000 results in an estimated price of approximately £925,300.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £680,000 | £245,300 | £925,300 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 34.977 % | £237,845 | £917,845 |
| 3 Month Average | 36.481 % | £248,068 | £928,068 |
| 6 Month Average | 33.589 % | £228,406 | £908,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £650,650 | £645,000 | 11 LEXDEN ROAD |
| 14 Sep 2023 | £409,016 | £400,000 | 5 KEBLE CLOSE |
| 6 Sep 2023 | £751,568 | £735,000 | 45 OAKS DRIVE |
| 5 Apr 2023 | £239,479 | £235,000 | FLAT 6 ST. MARY'S TERRACE, 25 - 29 LEXDEN ROAD |
| 24 Mar 2023 | £696,634 | £685,000 | 4 OAKS DRIVE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 25 Feb 2015. Using an estimated price of £925,301 means this house is valued at £5,893 per sq meter (£547 per sq foot).
The average size of a house on LEXDEN ROAD is 144 sq meters (1,551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Oaks Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaks Drive |
| Oct 2024 | Burglary | Under investigation | On or near Oaks Drive |
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Hospital Lane |
| Nov 2024 | Public order | Under investigation | On or near Keble Close |