£405,894
This estimated value is based upon the latest sale price for the house of £322,500 on 6 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £322,500 | 6 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £322,500 results in an estimated price of approximately £405,894.
| 6 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £322,500 | £83,394 | £405,894 |
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 | 13.252 % | £42,738 | £365,238 |
| 3 Month Average | 23.774 % | £76,671 | £399,171 |
| 6 Month Average | 26.495 % | £85,447 | £407,947 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 15 Jul 2017.
The average size of a house on PARK ROAD is 144 sq meters (1,557 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kenmore Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leigh Beck Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Parade |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near South Parade |