£346,213
This estimated value is based upon the latest sale price for the house of £184,995 on 11 Feb 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £184,995 | 11 Feb 2005 |
| £57,500 | 25 Jul 1997 |
| Terraced |
| 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 February 2005 the House Price Index for ESSEX was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £184,995 results in an estimated price of approximately £346,213.
| 11 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £184,995 | £161,218 | £346,213 |
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 | 51.498 % | £95,267 | £280,262 |
| 3 Month Average | 49.886 % | £92,286 | £277,281 |
| 6 Month Average | 73.014 % | £135,073 | £320,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £422,500 | £422,500 | 58 WASHINGTON ROAD |
| 31 Aug 2023 | £398,486 | £395,000 | 44 ESSEX ROAD |
| 9 Aug 2023 | £332,912 | £330,000 | 20 ESSEX ROAD |
| 10 Mar 2023 | £353,329 | £350,000 | 9 VIKING ROAD |
| 21 Jul 2022 | £426,147 | £425,000 | 50 WASHINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Washington Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Washington Road |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Pembroke Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Washington Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Plume Avenue |