£346,290
This estimated value is based upon the latest sale price for the house of £214,000 on 2 Apr 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £214,000 | 2 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 April 2007 the House Price Index for ESSEX was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £214,000 results in an estimated price of approximately £346,290.
| 2 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £214,000 | £132,290 | £346,290 |
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 | 77.694 % | £166,264 | £380,264 |
| 3 Month Average | 83.724 % | £179,169 | £393,169 |
| 6 Month Average | 76.107 % | £162,868 | £376,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £330,000 | £330,000 | 21 ELIZABETH WAY |
| 26 Apr 2024 | £597,690 | £592,500 | 60 HOLLOWAY ROAD |
| 24 Apr 2024 | £348,022 | £345,000 | 11 ANCHOR LANE |
| 8 Feb 2023 | £151,009 | £150,000 | UNIT 2 DRAKKAR WHARF THE SQUARE |
| 8 Feb 2023 | £124,633 | £123,800 | UNIT 1 DRAKKAR WHARF THE SQUARE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 23 Sep 2011. Using an estimated price of £346,290 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on HOLLOWAY ROAD is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Wood Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wood Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wood Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Benbridge Close |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Benbridge Close |