£763,866
This estimated value is based upon the latest sale price for the house of £585,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£585,000 | 10 Mar 2017 |
£200,000 | 26 Jul 2004 |
Detached |
Freehold |
Floor Area: 178 sq meters or 1,915 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 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £585,000 results in an estimated price of approximately £763,866.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £585,000 | £178,866 | £763,866 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -0.619 % | £-3,620 | £581,379 |
3 Month Average | 13.308 % | £77,850 | £662,850 |
6 Month Average | 14.318 % | £83,758 | £668,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £252,767 | £245,000 | 5 ORCHARD COURT SUSSEX ROAD |
20 Nov 2023 | £31,807 | £31,000 | GARAGE 6 VINT CRESCENT |
14 Aug 2023 | £529,551 | £520,000 | 9 ENDSLEIGH COURT |
2 Jun 2023 | £500,020 | £490,000 | 1 SUSSEX ROAD |
22 Mar 2023 | £193,735 | £190,500 | 1 ORCHARD COURT SUSSEX ROAD |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 15 Nov 2016. Using an estimated price of £763,866 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on SUSSEX ROAD is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Under investigation | On or near West Lodge Road |
Oct 2024 | Burglary | Under investigation | On or near Roddam Close |
Nov 2024 | Burglary | Under investigation | On or near New Kiln Road |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near New Kiln Road |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near New Kiln Road |