£257,349
This estimated value is based upon the latest sale price for the house of £252,500 on 9 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £252,500 | 9 May 2022 |
| £191,000 | 14 Aug 2017 |
| £165,000 | 12 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £252,500 results in an estimated price of approximately £257,349.
| 9 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £252,500 | £4,849 | £257,349 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | -6.714 % | £-16,953 | £235,546 |
| 3 Month Average | -14.243 % | £-35,962 | £216,537 |
| 6 Month Average | -9.146 % | £-23,093 | £229,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £199,922 | £197,500 | 25 FAIRFIELD ROAD |
| 23 Jun 2023 | £187,268 | £185,000 | 23 CROSSFIELD ROAD |
| 15 Jul 2022 | £185,499 | £185,000 | 21 CROSSFIELD ROAD |
| 1 Jun 2022 | £200,331 | £197,500 | 9 CAMBRIDGE ROAD |
| 9 May 2022 | £257,349 | £252,500 | 2 FAIRFIELD ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 26 May 2017. Using an estimated price of £257,349 means this house is valued at £1,799 per sq meter (£167 per sq foot).
The average size of a house on FAIRFIELD ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfield Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairfield Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairfield Road |
| Apr 2024 | Public order | Under investigation | On or near Crossfield Road |
| Apr 2024 | Other theft | Under investigation | On or near Crossfield Road |