£216,034
This estimated value is based upon the latest sale price for the house of £212,500 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £212,500 | 14 Apr 2022 |
| £156,000 | 2 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £212,500 results in an estimated price of approximately £216,034.
| 14 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £212,500 | £3,534 | £216,034 |
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 | -6.678 % | £-14,189 | £198,310 |
| 3 Month Average | 5.480 % | £11,645 | £224,145 |
| 6 Month Average | 3.325 % | £7,066 | £219,566 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Sep 2018.
The average size of a house on BOURNE ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brookside Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookside Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Montgomery Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montgomery Close |