£285,569
This estimated value is based upon the latest sale price for the house of £134,995 on 19 Jan 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £134,995 | 19 Jan 2004 |
| £45,000 | 28 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 111.541%.Applying this 111.541% change to the original purchase price of £134,995 results in an estimated price of approximately £285,569.
| 19 Jan 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 146.7 | 111.541 % | £134,995 | £150,574 | £285,569 |
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 | 57.870 % | £78,122 | £213,117 |
| 3 Month Average | 46.620 % | £62,935 | £197,930 |
| 6 Month Average | 87.301 % | £117,851 | £252,846 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Nov 2014.
The average size of a house on KING EDWARD WAY is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near King Edward Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Edward Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Edward Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turstan Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Turstan Road |