£294,323
This estimated value is based upon the latest sale price for the house of £266,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £266,000 | 29 Oct 2021 |
| £94,995 | 16 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £266,000 results in an estimated price of approximately £294,323.
| 29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £266,000 | £28,323 | £294,323 |
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 | -13.179 % | £-35,057 | £230,942 |
| 3 Month Average | -0.644 % | £-1,712 | £264,287 |
| 6 Month Average | 8.435 % | £22,436 | £288,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jan 2023 | £368,265 | £370,000 | 2 SUSSEX WAY |
| 19 Jan 2023 | £323,476 | £325,000 | 24 SUSSEX WAY |
| 27 Jun 2022 | £299,229 | £295,000 | 37 SUSSEX WAY |
| 29 Mar 2022 | £170,983 | £165,000 | FLAT 19 THE ASHLEIGHS SANDERS ROAD |
| 10 Dec 2021 | £299,986 | £280,000 | 82 HILTON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Sep 2015. Using an estimated price of £294,323 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on THE RIDINGS is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bradley Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilton Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hilton Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Hilton Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Briarswood |