£627,514
This estimated value is based upon the latest sale price for the house of £499,995 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £499,995 | 24 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £499,995 results in an estimated price of approximately £627,514.
| 24 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £499,995 | £127,519 | £627,514 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 1.586 % | £7,931 | £507,926 |
| 3 Month Average | -1.443 % | £-7,217 | £492,777 |
| 6 Month Average | 28.946 % | £144,729 | £644,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £636,130 | £625,000 | EDEN HOUSE BADGERS KEEP |
| 29 Nov 2023 | £527,814 | £520,000 | 16A MILL ROAD |
| 17 Nov 2023 | £598,866 | £590,000 | 4 ROMAN WAY |
| 28 Jul 2022 | £496,336 | £495,000 | THE CONIFERS, 12A MILL ROAD |
| 27 Jul 2022 | £551,485 | £550,000 | 22 BOUVEL DRIVE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 3 Nov 2016. Using an estimated price of £627,514 means this house is valued at £3,803 per sq meter (£353 per sq foot).
The average size of a house on ROMAN WAY is 164 sq meters (1,772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Romans Farm Chase |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Southminster Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodcutters |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcutters |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beauchamps |