£474,895
This estimated value is based upon the latest sale price for the house of £440,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £440,000 | 6 Dec 2021 |
| £165,000 | 14 Sep 2001 |
| £63,000 | 1 May 1995 |
| Semi-Detached |
| Freehold |
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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £440,000 results in an estimated price of approximately £474,895.
| 6 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £440,000 | £34,895 | £474,895 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 39.336 % | £173,079 | £613,079 |
| 3 Month Average | -6.741 % | £-29,659 | £410,340 |
| 6 Month Average | -0.826 % | £-3,633 | £436,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £557,000 | £557,000 | 62 SOUTH DRIVE |
| 24 Nov 2023 | £661,799 | £645,000 | 57 SOUTH DRIVE |
| 12 Oct 2023 | £173,951 | £170,000 | 19 THE LAWNS |
| 6 Oct 2023 | £209,764 | £205,000 | 27 THE LAWNS |
| 5 Oct 2023 | £946,497 | £925,000 | 49 SOUTH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Uplands Road |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near The Chase |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near South Drive |