£426,020
This estimated value is based upon the latest sale price for the house of £420,000 on 8 Jun 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 8 Jun 2022 |
| £280,000 | 18 Nov 2005 |
| £210,000 | 1 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £420,000 results in an estimated price of approximately £426,020.
| 8 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £420,000 | £6,020 | £426,020 |
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 | -33.723 % | £-141,636 | £278,363 |
| 3 Month Average | -22.982 % | £-96,526 | £323,473 |
| 6 Month Average | -1.428 % | £-5,997 | £414,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £514,501 | £510,000 | 19 PARK ROAD |
| 3 Feb 2023 | £500,663 | £501,000 | 11 HILLSIDE ROAD |
| 27 Jan 2023 | £507,609 | £510,000 | 22 PARK ROAD |
| 3 Jan 2023 | £547,421 | £550,000 | THE OLD NURSERY, 1 HILLSIDE ROAD |
| 13 Jun 2022 | £441,236 | £435,000 | 2 PARK ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 25 Nov 2021. Using an estimated price of £426,021 means this house is valued at £3,908 per sq meter (£363 per sq foot).
The average size of a house on HILLSIDE ROAD is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fernlea Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fernlea Road |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |