£378,598
This estimated value is based upon the latest sale price for the house of £370,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Head Office, 1 Acorn Mews, Harlow, CM18 6NA
Phone: 01279246719
| Price Paid | Date |
|---|---|
| £370,000 | 9 Oct 2023 |
| £177,500 | 3 Jun 2013 |
| £196,000 | 28 Jul 2006 |
| £84,000 | 3 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £370,000 results in an estimated price of approximately £378,598.
| 9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £370,000 | £8,598 | £378,598 |
The Postcode Pricing Model uses changes in average sales price within the CM18 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 | 5.277 % | £19,523 | £389,523 |
| 3 Month Average | -9.779 % | £-36,180 | £333,819 |
| 6 Month Average | -8.867 % | £-32,807 | £337,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £378,599 | £370,000 | 2 SPRUCE HILL |
| 28 Apr 2023 | £208,907 | £205,000 | FLAT 16 ELMS COURT COMMONSIDE ROAD |
| 8 Jul 2022 | £207,075 | £205,000 | FLAT 7 ELMS COURT COMMONSIDE ROAD |
| 8 Mar 2022 | £302,741 | £290,000 | 86 SPRUCE HILL |
| 26 Nov 2021 | £223,352 | £205,000 | FLAT 6 ELMS COURT COMMONSIDE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 22 Aug 2014. Using an estimated price of £378,599 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on SPRUCE HILL is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Spruce Hill |
| Oct 2024 | Public order | Under investigation | On or near Spruce Hill |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spruce Hill |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Spruce Hill |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spruce Hill |