£322,315
This estimated value is based upon the latest sale price for the house of £260,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 30 Aug 2019 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £260,000 results in an estimated price of approximately £322,315.
| 30 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £260,000 | £62,315 | £322,315 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 15.310 % | £39,806 | £299,806 |
| 3 Month Average | 15.447 % | £40,162 | £300,162 |
| 6 Month Average | 11.404 % | £29,650 | £289,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £336,250 | £336,250 | 17 SEAFIELD GARDENS |
| 22 Apr 2024 | £275,392 | £273,000 | 35 SEAFIELDS ROAD |
| 1 Sep 2023 | £347,664 | £340,000 | 5 SEAFIELDS ROAD |
| 7 Jul 2022 | £318,188 | £315,000 | 6 SEAFIELDS ROAD |
| 28 Feb 2022 | £364,478 | £345,000 | 48 TURPINS AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 May 2019. Using an estimated price of £322,315 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on SEAFIELDS ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howard Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Howard Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Marina Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
| Sep 2024 | Anti-social behaviour | On or near Lyndhurst Road |