£326,683
This estimated value is based upon the latest sale price for the house of £184,995 on 13 Apr 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£184,995 | 13 Apr 2006 |
£57,950 | 25 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 April 2006 the House Price Index for ESSEX was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £184,995 results in an estimated price of approximately £326,683.
13 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 149.7 | 76.591 % | £184,995 | £141,688 | £326,683 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 78.543 % | £145,301 | £330,296 |
3 Month Average | 58.220 % | £107,704 | £292,699 |
6 Month Average | 68.430 % | £126,592 | £311,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2024 | £7,500 | £7,500 | BERTH E15 BURNHAM YACHT HARBOUR FOUNDRY LANE |
11 Apr 2024 | £353,066 | £350,000 | 34 FERNLEA ROAD |
6 Mar 2024 | £304,681 | £300,000 | 19 FERNLEA ROAD |
19 Dec 2023 | £484,900 | £470,000 | 15 SHEERWATER CLOSE |
18 Aug 2023 | £519,367 | £510,000 | 19 PARK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Dec 2015. Using an estimated price of £326,684 means this house is valued at £3,983 per sq meter (£370 per sq foot).
The average size of a house on FERNLEA ROAD is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Foundry Lane |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Hermes Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Winstree Road |
Jul 2024 | Violence and sexual offences | On or near Burnham On Crouch (Station) | |
Jul 2024 | Criminal damage and arson | On or near Burnham On Crouch (Station) |