£322,320
This estimated value is based upon the latest sale price for the house of £315,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 31 Oct 2023 |
| £278,000 | 22 Mar 2019 |
| £195,000 | 1 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £315,000 results in an estimated price of approximately £322,320.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £315,000 | £7,320 | £322,320 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 72.958 % | £229,816 | £544,816 |
| 3 Month Average | 15.929 % | £50,177 | £365,177 |
| 6 Month Average | -7.587 % | £-23,900 | £291,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £112,865 | £110,000 | 29 SANDON CLOSE |
| 27 Nov 2023 | £174,428 | £170,000 | 108 PARKLANDS |
| 31 Oct 2023 | £322,321 | £315,000 | 168 PARKLANDS |
| 31 Jan 2023 | £170,455 | £170,000 | 50 SANDON CLOSE |
| 31 Aug 2022 | £153,719 | £153,000 | 65 SANDON CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Jan 2014. Using an estimated price of £322,321 means this house is valued at £4,810 per sq meter (£446 per sq foot).
The average size of a house on PARKLANDS is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Lesney Gardens |
| Oct 2024 | Anti-social behaviour | On or near Sandon Close | |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lesney Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lesney Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lesney Gardens |