£416,949
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 25 Oct 2019 |
| £180,000 | 5 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £340,000 results in an estimated price of approximately £416,949.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £340,000 | £76,949 | £416,949 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 24.820 % | £84,389 | £424,389 |
| 3 Month Average | 14.122 % | £48,014 | £388,014 |
| 6 Month Average | 18.341 % | £62,360 | £402,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £320,610 | £315,000 | 2A WITTEM ROAD |
| 22 Jun 2023 | £291,531 | £288,000 | 12 CENTRAL WALL ROAD |
| 17 Jan 2023 | £447,890 | £450,000 | 33 CENTRAL WALL ROAD |
| 25 Nov 2021 | £421,790 | £390,000 | 18 HARVEST ROAD |
| 28 Apr 2021 | £321,816 | £285,000 | 1 CENTRAL WALL COTTAGES CENTRAL WALL ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 6 Aug 2019. Using an estimated price of £416,950 means this house is valued at £3,722 per sq meter (£345 per sq foot).
The average size of a house on CENTRAL WALL ROAD is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Antony Close |
| Dec 2023 | Anti-social behaviour | On or near Harvest Road | |
| Dec 2023 | Anti-social behaviour | On or near Harvest Road | |
| Dec 2023 | Anti-social behaviour | On or near Harvest Road | |
| Dec 2023 | Anti-social behaviour | On or near Harvest Road |