£345,946
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 29 Nov 2019 |
| £205,000 | 19 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 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 23.552%.Applying this 23.552% change to the original purchase price of £280,000 results in an estimated price of approximately £345,946.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £280,000 | £65,946 | £345,946 |
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 | 9.464 % | £26,499 | £306,499 |
| 3 Month Average | 19.594 % | £54,862 | £334,862 |
| 6 Month Average | 19.490 % | £54,571 | £334,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £317,204 | £310,000 | 9 BROOKE SQUARE |
| 22 Sep 2023 | £316,988 | £310,000 | 55 LONGFELLOW ROAD |
| 29 Jun 2023 | £239,806 | £235,000 | 13 BROOKE SQUARE |
| 21 Apr 2023 | £275,146 | £270,000 | 25 SHAKESPEARE DRIVE |
| 17 Apr 2023 | £341,385 | £335,000 | 43 TENNYSON ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Jul 2019. Using an estimated price of £345,947 means this house is valued at £4,551 per sq meter (£422 per sq foot).
The average size of a house on SHAKESPEARE DRIVE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennyson Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennyson Road |
| Sep 2024 | Drugs | Local resolution | On or near Shopping Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |