£192,401
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 4 Jul 2014 |
| £105,000 | 7 Aug 2013 |
| £125,000 | 30 Jun 2009 |
| £94,000 | 18 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £125,000 results in an estimated price of approximately £192,401.
| 4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £125,000 | £67,401 | £192,401 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 42.722 % | £53,402 | £178,402 |
| 3 Month Average | 56.566 % | £70,707 | £195,707 |
| 6 Month Average | 57.948 % | £72,434 | £197,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £277,545 | £270,500 | 39 CROMWELL ROAD |
| 12 Oct 2023 | £196,462 | £192,000 | 14 SHRUBLAND ROAD |
| 28 Sep 2023 | £235,184 | £230,000 | 22 CROMWELL ROAD |
| 2 Jun 2023 | £273,991 | £268,500 | 5 PORTLAND ROAD |
| 31 Mar 2023 | £146,446 | £144,000 | FLAT 2 9 - 10 MAGDALEN STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Nov 2013. Using an estimated price of £192,402 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on SHRUBLAND ROAD is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Shrubland Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shrubland Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Shrubland Road |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Shrubland Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Shrubland Road |