£339,002
This estimated value is based upon the latest sale price for the house of £166,995 on 14 May 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £166,995 | 14 May 2004 |
| 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 May 2004 the House Price Index for ESSEX was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £166,995 results in an estimated price of approximately £339,002.
| 14 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £166,995 | £172,007 | £339,002 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 71.380 % | £119,200 | £286,195 |
| 3 Month Average | 67.704 % | £113,061 | £280,056 |
| 6 Month Average | 69.279 % | £115,692 | £282,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £300,111 | £295,500 | 22 COTMAN ROAD |
| 17 Nov 2023 | £318,074 | £310,000 | 58 THE COMMONS |
| 17 Mar 2023 | £379,335 | £373,000 | 2 CROME CLOSE |
| 16 Mar 2023 | £467,813 | £460,000 | 16 CROME CLOSE |
| 26 Jan 2023 | £576,540 | £575,000 | 7 COTMAN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 27 Jan 2014. Using an estimated price of £339,002 means this house is valued at £4,134 per sq meter (£384 per sq foot).
The average size of a house on MUNNINGS ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Munnings Road | |
| May 2024 | Anti-social behaviour | On or near Munnings Road | |
| May 2024 | Anti-social behaviour | On or near Munnings Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nash Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nash Close |