£405,329
This estimated value is based upon the latest sale price for the house of £350,000 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 26 Oct 2020 |
| £263,625 | 23 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £350,000 results in an estimated price of approximately £405,329.
| 26 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £350,000 | £55,329 | £405,329 |
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 | -19.291 % | £-67,517 | £282,482 |
| 3 Month Average | -19.541 % | £-68,393 | £281,606 |
| 6 Month Average | 3.049 % | £10,671 | £360,671 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 8 Apr 2019.
The average size of a house on GERSHWIN BOULEVARD is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stainer Close |
| Mar 2024 | Anti-social behaviour | On or near Britten Crescent | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Britten Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Britten Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Britten Crescent |