£589,727
This estimated value is based upon the latest sale price for the house of £480,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £480,000 | 14 Dec 2018 |
| £285,000 | 23 Dec 2004 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £480,000 results in an estimated price of approximately £589,727.
| 14 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £480,000 | £109,727 | £589,727 |
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 | 27.984 % | £134,324 | £614,324 |
| 3 Month Average | 7.672 % | £36,825 | £516,825 |
| 6 Month Average | 2.621 % | £12,579 | £492,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £284,615 | £282,500 | 30 COURTLAND PLACE |
| 11 Nov 2022 | £418,218 | £425,000 | 72 ESSEX ROAD |
| 22 Dec 2021 | £442,826 | £415,000 | 2A VOLWYCKE AVENUE |
| 3 Nov 2021 | £414,702 | £385,000 | 2 VOLWYCKE AVENUE |
| 27 Sep 2021 | £220,015 | £205,000 | 2 COURTLAND MEWS |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 28 Apr 2018. Using an estimated price of £589,727 means this house is valued at £4,955 per sq meter (£460 per sq foot).
The average size of a house on LAMBOURNE GROVE is 151 sq meters (1,633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambourne Grove |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Courtland Mews |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fambridge Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Courtland Place |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Courtland Place |