£405,287
This estimated value is based upon the latest sale price for the house of £395,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £395,000 | 16 Nov 2023 |
| £235,000 | 24 Aug 2012 |
| £198,000 | 5 Jan 2007 |
| £192,000 | 2 Sep 2005 |
| £99,500 | 3 Mar 2000 |
| Terraced |
| Freehold |
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 November 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £395,000 results in an estimated price of approximately £405,287.
| 16 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £395,000 | £10,287 | £405,287 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -26.044 % | £-102,875 | £292,124 |
| 3 Month Average | 12.913 % | £51,008 | £446,008 |
| 6 Month Average | 1.292 % | £5,102 | £400,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £405,288 | £395,000 | 254 WAKERING ROAD |
| 20 Oct 2023 | £396,505 | £387,500 | 7 PICASSO WAY |
| 10 Feb 2023 | £453,026 | £450,000 | 125 PICASSO WAY |
| 7 Oct 2022 | £348,835 | £350,000 | 266 WAKERING ROAD |
| 27 May 2022 | £289,543 | £282,000 | 161 WAKERING ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Wakering Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakering Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakering Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakering Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakering Road |