£265,524
This estimated value is based upon the latest sale price for the house of £167,000 on 1 May 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £167,000 | 1 May 2008 |
| £145,000 | 24 Mar 2006 |
| £43,950 | 7 Apr 1995 |
| Semi-Detached |
| 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 May 2008 the House Price Index for ESSEX was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £167,000 results in an estimated price of approximately £265,524.
| 1 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £167,000 | £98,524 | £265,524 |
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 | 72.800 % | £121,575 | £288,575 |
| 3 Month Average | 75.872 % | £126,706 | £293,706 |
| 6 Month Average | 74.695 % | £124,740 | £291,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £275,000 | £275,000 | 80 CEDAR ROAD |
| 14 Jul 2023 | £278,752 | £275,000 | 202 LINK ROAD |
| 3 Mar 2023 | £328,091 | £325,000 | 72 LINCOLN WAY |
| 6 Feb 2023 | £299,798 | £300,000 | 9 SOUTHWALTERS |
| 20 Jul 2022 | £285,769 | £285,000 | 44 AMBLESIDE WALK |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Jul 2020. Using an estimated price of £265,524 means this house is valued at £3,319 per sq meter (£308 per sq foot).
The average size of a house on SOUTHWALTERS is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southwalters |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwalters |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwalters |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwalters |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Ambleside Walk |