£221,275
This estimated value is based upon the latest sale price for the house of £127,995 on 4 Oct 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £127,995 | 4 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 827 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 October 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £127,995 results in an estimated price of approximately £221,275.
| 4 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £127,995 | £93,280 | £221,275 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 89.964 % | £115,149 | £243,144 |
| 3 Month Average | 85.506 % | £109,443 | £237,438 |
| 6 Month Average | 91.295 % | £116,852 | £244,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £526,735 | £520,000 | 30 STELI AVENUE |
| 14 Apr 2023 | £308,320 | £305,000 | 16 BROOMFIELD GREEN |
| 14 Apr 2023 | £379,082 | £375,000 | 311 LINK ROAD |
| 10 Feb 2023 | £229,845 | £230,000 | FLAT 1 SILVERLINK COURT, 295 - 297 LINK ROAD |
| 30 May 2022 | £290,473 | £285,000 | 248 LINK ROAD |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 22 Jun 2011. Using an estimated price of £221,276 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on LINK ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Broomfield Green | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomfield Green |
| Feb 2024 | Anti-social behaviour | On or near Broomfield Green | |
| Feb 2024 | Drugs | Under investigation | On or near Delview |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Delview |