£311,004
This estimated value is based upon the latest sale price for the house of £260,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 4 Sep 2020 |
| £132,500 | 5 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £260,000 results in an estimated price of approximately £311,004.
| 4 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £260,000 | £51,004 | £311,004 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | -5.518 % | £-14,348 | £245,651 |
| 3 Month Average | 31.932 % | £83,022 | £343,022 |
| 6 Month Average | 36.027 % | £93,669 | £353,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £319,915 | £315,000 | 14 FLORENCE ROAD |
| 11 Mar 2024 | £322,962 | £318,000 | 6 PERCIVAL ROAD |
| 10 Nov 2023 | £318,074 | £310,000 | 41 FLORENCE ROAD |
| 18 Jan 2023 | £511,366 | £510,000 | 2 VIKING OAK COTTAGE GREEN LANE |
| 4 Apr 2022 | £127,084 | £122,500 | 28 ROCHFORD HOUSE SPENDELLS CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Nov 2018. Using an estimated price of £311,004 means this house is valued at £4,712 per sq meter (£437 per sq foot).
The average size of a house on BEATRICE ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Florence Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greville Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greville Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greville Close |
| Sep 2024 | Burglary | Under investigation | On or near Spendells Close |