£389,284
This estimated value is based upon the latest sale price for the house of £394,000 on 24 Nov 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £394,000 | 24 Nov 2022 |
| £332,000 | 8 Mar 2019 |
| £295,995 | 10 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2022 the House Price Index for ESSEX was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £394,000 results in an estimated price of approximately £389,284.
| 24 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £394,000 | £-4,715 | £389,284 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -23.677 % | £-93,286 | £300,713 |
| 3 Month Average | -11.395 % | £-44,894 | £349,105 |
| 6 Month Average | -5.278 % | £-20,796 | £373,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £421,388 | £416,000 | 83 VICTORIA ROAD |
| 9 Jun 2023 | £116,410 | £115,000 | 8 EMBASSY COURT HIGH STREET |
| 14 Apr 2023 | £280,015 | £277,000 | 9 BUTT LANE |
| 30 Jan 2023 | £67,184 | £67,500 | 2 BUTT LANE |
| 24 Nov 2022 | £389,285 | £394,000 | 23 QUEST PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Mar 2009. Using an estimated price of £389,285 means this house is valued at £6,488 per sq meter (£602 per sq foot).
The average size of a house on QUEST PLACE is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Quest Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quest Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Butt Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Butt Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Butt Lane |