£260,147
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Petrol Station
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 4 Dec 2020 |
| £148,500 | 22 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £225,000 results in an estimated price of approximately £260,147.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £225,000 | £35,147 | £260,147 |
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 | 1.936 % | £4,355 | £229,355 |
| 3 Month Average | 3.329 % | £7,490 | £232,490 |
| 6 Month Average | 7.258 % | £16,330 | £241,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £455,000 | £455,000 | 11 TEMPLARS CLOSE |
| 1 Nov 2023 | £174,428 | £170,000 | 24 BELLFIELD CLOSE |
| 20 Oct 2023 | £314,135 | £307,000 | 54 BRAINTREE ROAD |
| 5 Oct 2023 | £317,204 | £310,000 | 1 POLICE HOUSE, 97 BRAINTREE ROAD |
| 30 Jun 2023 | £408,180 | £400,000 | 3 TEMPLARS CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Feb 2019. Using an estimated price of £260,147 means this house is valued at £4,409 per sq meter (£409 per sq foot).
The average size of a house on CHALKS ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |