£305,543
This estimated value is based upon the latest sale price for the house of £195,000 on 22 Feb 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £195,000 | 22 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 February 2008 the House Price Index for ESSEX was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £195,000 results in an estimated price of approximately £305,543.
| 22 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £195,000 | £110,543 | £305,543 |
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 | 31.877 % | £62,160 | £257,160 |
| 3 Month Average | 42.162 % | £82,215 | £277,215 |
| 6 Month Average | 44.955 % | £87,662 | £282,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £358,305 | £353,000 | 16 RECTORY AVENUE |
| 21 Jul 2023 | £290,915 | £287,000 | 32 DORSET GARDENS |
| 19 Jun 2023 | £328,985 | £325,000 | 35 DORSET GARDENS |
| 24 Mar 2023 | £292,758 | £290,000 | 29 DORSET GARDENS |
| 27 Jan 2023 | £320,490 | £322,000 | 40 DORSET GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Feb 2014. Using an estimated price of £305,544 means this house is valued at £4,185 per sq meter (£388 per sq foot).
The average size of a house on RECTORY AVENUE is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwall Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avon Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Avon Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Gardens |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cambridge Gardens |