£400,840
This estimated value is based upon the latest sale price for the house of £324,995 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £324,995 | 26 Jul 2019 |
| £182,000 | 18 Feb 2011 |
| £167,000 | 7 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 963 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 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £324,995 results in an estimated price of approximately £400,840.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £324,995 | £75,845 | £400,840 |
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 | 17.875 % | £58,093 | £383,088 |
| 3 Month Average | 15.119 % | £49,135 | £374,130 |
| 6 Month Average | 20.332 % | £66,078 | £391,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £389,312 | £382,500 | 7 ROSERNA ROAD |
| 8 Dec 2023 | £371,500 | £365,000 | 12 ROSERNA ROAD |
| 11 Aug 2023 | £464,060 | £460,000 | 28 MAURICE ROAD |
| 5 Jun 2023 | £313,801 | £310,000 | 22 MAURICE ROAD |
| 6 Jan 2023 | £437,937 | £440,000 | 6 ROCHFORD ROAD |
This house has a floor area of 89 sq meters or 963 sq feet when measured on 3 Feb 2010. Using an estimated price of £400,841 means this house is valued at £4,478 per sq meter (£416 per sq foot).
The average size of a house on ROCHFORD ROAD is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayment Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcos Road |
| Mar 2024 | Other crime | Under investigation | On or near Juliers Road |
| Mar 2024 | Other crime | Under investigation | On or near Juliers Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Juliers Road |