£378,303
This estimated value is based upon the latest sale price for the house of £350,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£350,000 | 25 Jun 2021 |
£210,000 | 23 May 2008 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £350,000 results in an estimated price of approximately £378,303.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £350,000 | £28,303 | £378,303 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 5.316 % | £18,607 | £368,607 |
3 Month Average | 18.173 % | £63,605 | £413,605 |
6 Month Average | 15.794 % | £55,277 | £405,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £292,423 | £285,000 | 28 SPARKEY CLOSE |
13 Nov 2023 | £287,293 | £280,000 | 61 ASHBY ROAD |
12 Oct 2023 | £281,391 | £275,000 | 33 ASHBY ROAD |
17 Feb 2023 | £241,614 | £240,000 | 7 ASHBY ROAD |
10 Jan 2023 | £330,884 | £330,000 | 23 ASHBY ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 10 Aug 2020. Using an estimated price of £378,303 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on ASHBY ROAD is 81 sq meters (880 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Graces Close |
Oct 2024 | Public order | Under investigation | On or near Graces Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Graces Close |
Oct 2024 | Public order | Under investigation | On or near Lifchild Close |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lifchild Close |