£202,011
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Mar 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Penny Fields
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £130,000 | 7 Mar 2014 |
| £47,000 | 7 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
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 March 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £130,000 results in an estimated price of approximately £202,011.
| 7 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £130,000 | £72,011 | £202,011 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 41.718 % | £54,233 | £184,233 |
| 3 Month Average | 34.620 % | £45,005 | £175,005 |
| 6 Month Average | 49.716 % | £64,630 | £194,630 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Penny Fields |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Penny Fields |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Firsgrove Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Firsgrove Road |