£304,690
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Dec 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 23 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £175,000 results in an estimated price of approximately £304,690.
| 23 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £175,000 | £129,690 | £304,690 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 79.491 % | £139,109 | £314,109 |
| 3 Month Average | 63.443 % | £111,024 | £286,024 |
| 6 Month Average | 60.640 % | £106,119 | £281,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £405,000 | £405,000 | 4 QUEENS ROAD |
| 8 Sep 2023 | £1,078,781 | £1,055,000 | 1A QUEENS ROAD |
| 28 Apr 2023 | £407,624 | £400,000 | 4 SILVANUS CLOSE |
| 17 Mar 2023 | £1,037,323 | £1,020,000 | 9 BEVERLEY ROAD |
| 4 Jan 2023 | £491,313 | £490,000 | 6 SILVANUS CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Apr 2014. Using an estimated price of £304,691 means this house is valued at £3,957 per sq meter (£367 per sq foot).
The average size of a house on SILVANUS CLOSE is 113 sq meters (1,224 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvanus Close |
| Nov 2024 | Other theft | Under investigation | On or near West Lodge Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beverley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Inglis Road |