£369,747
This estimated value is based upon the latest sale price for the house of £218,000 on 27 Jun 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £218,000 | 27 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 715 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 June 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £218,000 results in an estimated price of approximately £369,747.
| 27 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £218,000 | £151,747 | £369,747 |
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 | 78.839 % | £171,868 | £389,868 |
| 3 Month Average | 79.740 % | £173,832 | £391,832 |
| 6 Month Average | 88.937 % | £193,882 | £411,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £194,199 | £192,500 | FLAT 19 KINGS COURT STELLA MARIS CLOSE |
| 26 Jul 2023 | £347,173 | £342,500 | 25 THOMPSON AVENUE |
| 11 Apr 2023 | £394,245 | £390,000 | 12 RATTWICK DRIVE |
| 27 Mar 2023 | £338,186 | £335,000 | 1 STELLA MARIS CLOSE |
| 9 Aug 2022 | £199,463 | £200,000 | 18 KINGS COURT, 1 STELLA MARIS CLOSE |
This house has a floor area of 66 sq meters or 715 sq feet when measured on 16 Jan 2012. Using an estimated price of £369,748 means this house is valued at £5,563 per sq meter (£516 per sq foot).
The average size of a house on THOMPSON AVENUE is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hetzand Road |
| Mar 2024 | Anti-social behaviour | On or near Point Road | |
| Mar 2024 | Anti-social behaviour | On or near Rattwick Drive | |
| Mar 2024 | Anti-social behaviour | On or near Approach Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stella Maris Close |