£354,541
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 14 Sep 2018 |
| £70,000 | 26 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £285,000 results in an estimated price of approximately £354,541.
| 14 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £285,000 | £69,541 | £354,541 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -35.524 % | £-101,242 | £183,757 |
| 3 Month Average | 22.706 % | £64,712 | £349,712 |
| 6 Month Average | 7.950 % | £22,658 | £307,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £446,866 | £440,000 | 42 HIGHLANDS DRIVE |
| 29 Sep 2023 | £427,422 | £418,000 | 44 HIGHLANDS DRIVE |
| 28 Sep 2023 | £291,424 | £285,000 | ALBERTA, 31A SPITAL ROAD |
| 30 Aug 2023 | £412,439 | £405,000 | 8 HIGHLANDS DRIVE |
| 24 Aug 2023 | £274,959 | £270,000 | 8 CHERRY GARDEN ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 13 Sep 2016. Using an estimated price of £354,542 means this house is valued at £4,604 per sq meter (£427 per sq foot).
The average size of a house on HIGHLANDS DRIVE is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Garden Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cherry Garden Road |
| Jul 2024 | Anti-social behaviour | On or near Cherry Garden Road | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cherry Garden Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Cherry Garden Road |