£711,490
This estimated value is based upon the latest sale price for the house of £540,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Essex House, 70 High Street, Ingatestone, CM4 9DW
Phone: 01277576250
| Price Paid | Date |
|---|---|
| £540,000 | 25 Nov 2016 |
| £331,000 | 1 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £540,000 results in an estimated price of approximately £711,490.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £540,000 | £171,490 | £711,490 |
The Postcode Pricing Model uses changes in average sales price within the CM4 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 | -32.296 % | £-174,399 | £365,600 |
| 3 Month Average | -15.678 % | £-84,661 | £455,338 |
| 6 Month Average | -3.328 % | £-17,970 | £522,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £542,299 | £535,000 | 4 STOCK LANE |
| 10 Jul 2023 | £800,778 | £790,000 | 25 FAIRFIELD |
| 10 Oct 2022 | £298,783 | £302,000 | FLAT 2 ROSE COURT, 3 - 5 HIGH STREET |
| 23 Jun 2022 | £762,780 | £752,000 | 7 FAIRFIELD |
| 7 Apr 2022 | £584,411 | £567,500 | 29 FAIRFIELD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Jul 2016. Using an estimated price of £711,491 means this house is valued at £7,733 per sq meter (£718 per sq foot).
The average size of a house on STOCK LANE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield |
| Dec 2023 | Anti-social behaviour | On or near Stock Lane | |
| Dec 2023 | Anti-social behaviour | On or near Stock Lane | |
| Dec 2023 | Anti-social behaviour | On or near Stock Lane | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stock Lane |