£487,028
This estimated value is based upon the latest sale price for the house of £360,000 on 27 May 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 Roddam Close
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| Price Paid | Date |
|---|---|
| £360,000 | 27 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £360,000 results in an estimated price of approximately £487,028.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £360,000 | £127,028 | £487,028 |
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 | 22.166 % | £79,797 | £439,797 |
| 3 Month Average | 29.702 % | £106,927 | £466,927 |
| 6 Month Average | 34.813 % | £125,328 | £485,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £31,807 | £31,000 | GARAGE 6 VINT CRESCENT |
| 29 Sep 2023 | £766,906 | £750,000 | 23 QUEENS ROAD |
| 27 Apr 2023 | £499,340 | £490,000 | 13 THE AVENUE |
| 22 Mar 2023 | £193,735 | £190,500 | 1 ORCHARD COURT SUSSEX ROAD |
| 26 Aug 2022 | £552,584 | £550,000 | 63 LEXDEN ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 30 Mar 2015. Using an estimated price of £487,028 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on RODDAM CLOSE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Roddam Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Nov 2024 | Other theft | Under investigation | On or near West Lodge Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvanus Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Park Road |