£205,888
This estimated value is based upon the latest sale price for the house of £160,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£160,000 | 5 May 2017 |
£140,000 | 22 Jan 2016 |
£112,000 | 1 Nov 2013 |
£126,000 | 4 Aug 2006 |
£118,000 | 16 Jan 2004 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £160,000 results in an estimated price of approximately £205,888.
5 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £160,000 | £45,888 | £205,888 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 33.806 % | £54,089 | £214,089 |
3 Month Average | 14.306 % | £22,888 | £182,888 |
6 Month Average | 18.579 % | £29,725 | £189,725 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £199,922 | £197,500 | 25 FAIRFIELD ROAD |
23 Jun 2023 | £187,268 | £185,000 | 23 CROSSFIELD ROAD |
4 Nov 2022 | £53,354 | £54,000 | FLAT 6 RODNEY COURT, 83 - 85 WELLESLEY ROAD |
15 Jul 2022 | £185,499 | £185,000 | 21 CROSSFIELD ROAD |
18 May 2022 | £64,210 | £63,000 | 90 WELLESLEY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 21 Aug 2019. Using an estimated price of £205,888 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on CROSSFIELD ROAD is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanwyn Avenue |
Apr 2024 | Other theft | Under investigation | On or near Crossfield Road |
Apr 2024 | Public order | Under investigation | On or near Crossfield Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Crossfield Road |
Jan 2024 | Anti-social behaviour | On or near Crossfield Road |