£361,095
This estimated value is based upon the latest sale price for the house of £350,000 on 21 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 21 Dec 2023 |
| £287,500 | 30 Jul 2018 |
| £187,000 | 20 Mar 2012 |
| £160,000 | 26 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £350,000 results in an estimated price of approximately £361,095.
| 21 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £350,000 | £11,095 | £361,095 |
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 | 4.531 % | £15,859 | £365,859 |
| 3 Month Average | -5.266 % | £-18,429 | £331,570 |
| 6 Month Average | -3.508 % | £-12,278 | £337,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £252,190 | £250,000 | 8A URMOND ROAD |
| 21 Dec 2023 | £361,096 | £350,000 | 25 WAAREM AVENUE |
| 8 Dec 2023 | £266,179 | £258,000 | 31A WAAREM AVENUE |
| 31 Aug 2023 | £249,500 | £245,000 | 9A URMOND ROAD |
| 30 Jun 2023 | £244,908 | £240,000 | 22A URMOND ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Jan 2015. Using an estimated price of £361,096 means this house is valued at £4,879 per sq meter (£453 per sq foot).
The average size of a house on WAAREM AVENUE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Paarl Road | |
| May 2024 | Anti-social behaviour | On or near Paarl Road | |
| May 2024 | Anti-social behaviour | On or near Paarl Road | |
| Apr 2024 | Possession of weapons | Under investigation | On or near Paarl Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vaagen Road |