£338,993
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Feb 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 27 Feb 2004 |
| £108,000 | 29 Nov 2002 |
| £40,000 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 February 2004 the House Price Index for ESSEX was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £160,000 results in an estimated price of approximately £338,993.
| 27 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £160,000 | £178,993 | £338,993 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 100.132 % | £160,210 | £320,210 |
| 3 Month Average | 99.694 % | £159,510 | £319,510 |
| 6 Month Average | 116.399 % | £186,237 | £346,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £384,659 | £380,000 | 16 GWENDALEN AVENUE |
| 28 Mar 2023 | £227,140 | £225,000 | 2 MITCHELLS AVENUE |
| 28 Oct 2022 | £292,847 | £296,000 | 5 GAINS CLOSE |
| 13 May 2022 | £305,761 | £300,000 | 176 HIGH STREET |
| 7 Apr 2022 | £355,281 | £345,000 | 14 BARNARDS AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Oct 2013. Using an estimated price of £338,994 means this house is valued at £6,053 per sq meter (£562 per sq foot).
The average size of a house on GAINS CLOSE is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Mitchells Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Mitchells Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Mitchells Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Mitchells Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitchells Avenue |