£575,795
This estimated value is based upon the latest sale price for the house of £480,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £480,000 | 27 Mar 2020 |
| £300,000 | 22 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £480,000 results in an estimated price of approximately £575,795.
| 27 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £480,000 | £95,795 | £575,795 |
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 | -42.566 % | £-204,315 | £275,684 |
| 3 Month Average | -7.987 % | £-38,337 | £441,662 |
| 6 Month Average | -1.492 % | £-7,161 | £472,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £357,381 | £354,000 | 83 OXFORD ROAD |
| 6 Mar 2023 | £497,690 | £495,000 | 72 SPENCER GARDENS |
| 4 Jan 2023 | £337,040 | £340,000 | 12 VAUGHAN CLOSE |
| 2 Aug 2022 | £307,919 | £310,000 | 18 BRAYS LANE |
| 24 Feb 2022 | £459,562 | £440,000 | SHIRLEY BRAYS LANE |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 14 Aug 2014. Using an estimated price of £575,795 means this house is valued at £3,328 per sq meter (£309 per sq foot).
The average size of a house on BRAYS LANE is 129 sq meters (1,392 sq feet).
This house is the largest in the street with a floor area of 173 sq meters (1,862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Apr 2024 | Public order | Under investigation | On or near Vaughan Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Vaughan Close |