£395,328
This estimated value is based upon the latest sale price for the house of £320,000 on 14 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 14 Oct 2019 |
| £207,000 | 31 Jan 2014 |
| £163,000 | 10 Jan 2003 |
| £65,000 | 19 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £320,000 results in an estimated price of approximately £395,328.
| 14 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £320,000 | £75,328 | £395,328 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 35.256 % | £112,820 | £432,820 |
| 3 Month Average | 14.498 % | £46,395 | £366,395 |
| 6 Month Average | 12.470 % | £39,903 | £359,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £369,158 | £362,500 | 12 WESTBOURNE CLOSE |
| 31 Mar 2023 | £406,793 | £400,000 | 6 WESTBOURNE CLOSE |
| 26 Jan 2023 | £562,503 | £561,000 | MOUNT VIEW GREENSWARD LANE |
| 6 Oct 2022 | £398,668 | £400,000 | MAGNOLIA LODGE LOWER ROAD |
| 22 Jun 2022 | £388,300 | £380,000 | 227 GREENSWARD LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Sep 2012. Using an estimated price of £395,328 means this house is valued at £4,492 per sq meter (£417 per sq foot).
The average size of a house on GREENSWARD LANE is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near New Park Road | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near New Park Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Greensward Lane |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Greensward Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Pulpits Close |