£289,850
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 7 Aug 2014 |
| £151,000 | 19 Nov 2004 |
| £110,000 | 17 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £190,000 results in an estimated price of approximately £289,850.
| 7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £190,000 | £99,850 | £289,850 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 71.639 % | £136,115 | £326,115 |
| 3 Month Average | 42.965 % | £81,633 | £271,633 |
| 6 Month Average | 51.438 % | £97,732 | £287,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,475 | £287,000 | 17 OAST WAY |
| 3 Oct 2023 | £306,972 | £300,000 | 19 MIDDLE MEAD |
| 30 Jun 2023 | £316,339 | £310,000 | 26 MALTING VILLAS ROAD |
| 31 Mar 2023 | £355,944 | £350,000 | 54 DOGGETTS CLOSE |
| 3 Mar 2023 | £335,605 | £330,000 | 34 BOBBING CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Jan 2014. Using an estimated price of £289,850 means this house is valued at £3,578 per sq meter (£332 per sq foot).
The average size of a house on MIDDLE MEAD is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Middle Mead |
| Oct 2024 | Anti-social behaviour | On or near Malting Villas Road | |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oast Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bobbing Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bobbing Close |