£870,638
This estimated value is based upon the latest sale price for the house of £539,000 on 29 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £539,000 | 29 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.Applying this 61.528% change to the original purchase price of £539,000 results in an estimated price of approximately £870,638.
| 29 Oct 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 146.7 | 61.528 % | £539,000 | £331,638 | £870,638 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 15.963 % | £86,039 | £625,039 |
| 3 Month Average | 31.636 % | £170,515 | £709,515 |
| 6 Month Average | 47.907 % | £258,220 | £797,220 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 10 Jun 2013.
The average size of a house on WELLINGTON ROAD is 179 sq meters (1,927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Hospital |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near West Square |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Newnham Green |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Friars Lane |
| Feb 2024 | Robbery | Under investigation | On or near West Chase |