£521,250
This estimated value is based upon the latest sale price for the house of £410,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £410,000 | 13 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £410,000 results in an estimated price of approximately £521,250.
| 13 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £410,000 | £111,250 | £521,250 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -9.097 % | £-37,295 | £372,704 |
| 3 Month Average | -1.092 % | £-4,477 | £405,522 |
| 6 Month Average | 0.138 % | £566 | £410,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £240,000 | £240,000 | 38 ALEXANDRA ROAD |
| 13 Oct 2023 | £455,342 | £445,000 | 36 SHETLAND CRESCENT |
| 8 Sep 2023 | £587,961 | £575,000 | 73 ALEXANDRA ROAD |
| 21 Apr 2023 | £438,196 | £430,000 | 39 SHETLAND CRESCENT |
| 17 Mar 2023 | £467,813 | £460,000 | 40 ALEXANDRA ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 9 May 2017. Using an estimated price of £521,250 means this house is valued at £4,826 per sq meter (£448 per sq foot).
The average size of a house on ALBERT ROAD is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Albert Close |
| Jun 2024 | Public order | Local resolution | On or near Ashingdon Road |
| Jun 2024 | Public order | Local resolution | On or near Ashingdon Road |
| Jul 2024 | Drugs | Local resolution | On or near York Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near York Road |