£1,314,645
This estimated value is based upon the latest sale price for the house of £1,240,000 on 6 Jan 2022. 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 South Drive
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £1,240,000 | 6 Jan 2022 |
| £295,000 | 30 Mar 2001 |
| 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £1,240,000 results in an estimated price of approximately £1,314,645.
| 6 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £1,240,000 | £74,645 | £1,314,645 |
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 | -35.552 % | £-440,845 | £799,154 |
| 3 Month Average | -8.486 % | £-105,224 | £1,134,775 |
| 6 Month Average | 1.749 % | £21,682 | £1,261,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £680,000 | £680,000 | 6 SOUTH DRIVE |
| 7 Sep 2023 | £393,678 | £385,000 | 155 WOODMAN ROAD |
| 19 Apr 2023 | £713,342 | £700,000 | 27 SOUTH DRIVE |
| 10 Jun 2022 | £873,676 | £855,000 | 5 SOUTH DRIVE |
| 9 Jun 2022 | £863,457 | £845,000 | 16 ST JOHNS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near South Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Close |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near The Chase |