£277,509
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £215,000 | 9 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 June 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £215,000 results in an estimated price of approximately £277,509.
| 9 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £215,000 | £62,509 | £277,509 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 14.207 % | £30,544 | £245,544 |
| 3 Month Average | 20.689 % | £44,481 | £259,481 |
| 6 Month Average | 5.505 % | £11,836 | £226,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 1 COURT THREE HEMINGWAY ROAD |
| 7 Dec 2023 | £299,194 | £290,000 | 17 COURT FIVE |
| 30 Oct 2023 | £296,740 | £290,000 | 49 LONGFIELD |
| 18 Oct 2023 | £273,717 | £267,500 | 181 CRESSING ROAD |
| 2 Jun 2023 | £301,033 | £295,000 | 43 LONGFIELD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Feb 2017. Using an estimated price of £277,509 means this house is valued at £3,964 per sq meter (£368 per sq foot).
The average size of a house on CRESSING ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Longfield | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longfield |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hemingway Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hemingway Road |