£268,175
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Feb 2016. 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 Stalin Road
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| Price Paid | Date |
|---|---|
| £195,000 | 9 Feb 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £195,000 results in an estimated price of approximately £268,175.
| 9 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £195,000 | £73,175 | £268,175 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 27.483 % | £53,592 | £248,592 |
| 3 Month Average | 31.808 % | £62,026 | £257,026 |
| 6 Month Average | 33.472 % | £65,269 | £260,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £264,207 | £257,500 | 39 STALIN ROAD |
| 3 Nov 2023 | £312,944 | £305,000 | 1 NORMANDY AVENUE |
| 2 Oct 2023 | £143,254 | £140,000 | 7 JACKSON WALK |
| 29 Aug 2023 | £307,547 | £302,000 | 10 MULBERRY AVENUE |
| 1 Mar 2023 | £264,416 | £260,000 | 12 NORMANDY AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Sep 2015. Using an estimated price of £268,175 means this house is valued at £3,192 per sq meter (£296 per sq foot).
The average size of a house on STALIN ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Under investigation | On or near Stalin Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stalin Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stalin Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stalin Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stalin Road |