£394,085
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Jul 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Jul 2007 |
| Detached |
| Freehold |
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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £250,000 results in an estimated price of approximately £394,085.
| 12 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £250,000 | £144,085 | £394,085 |
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 | 72.050 % | £180,125 | £430,125 |
| 3 Month Average | 71.944 % | £179,858 | £429,858 |
| 6 Month Average | 78.864 % | £197,159 | £447,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £215,906 | £213,000 | FLAT 8 BADGERS RISE SANDERS ROAD |
| 1 Mar 2023 | £570,374 | £565,000 | 8 SANDERS ROAD |
| 16 Feb 2023 | £404,728 | £405,000 | 8 DERVENTER AVENUE |
| 29 Mar 2022 | £170,983 | £165,000 | FLAT 19 THE ASHLEIGHS SANDERS ROAD |
| 24 Nov 2021 | £164,390 | £152,000 | FLAT 16 THE ASHLEIGHS SANDERS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Somnes Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somnes Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somnes Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bradley Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashworths |