£768,437
This estimated value is based upon the latest sale price for the house of £484,600 on 5 Mar 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£484,600 | 5 Mar 2014 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 March 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £484,600 results in an estimated price of approximately £768,437.
5 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £484,600 | £283,837 | £768,437 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 68.910 % | £333,937 | £818,537 |
3 Month Average | 54.741 % | £265,274 | £749,874 |
6 Month Average | 60.195 % | £291,705 | £776,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £350,000 | £350,000 | 67 WHITE HART LANE |
15 Mar 2024 | £792,171 | £780,000 | 22 GLENCROFTS |
9 Aug 2023 | £458,265 | £450,000 | 51 BROAD WALK |
24 Sep 2021 | £380,492 | £350,500 | 57 BROAD WALK |
21 Sep 2021 | £787,038 | £725,000 | 32 GLENCROFTS |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 6 Feb 2014. Using an estimated price of £768,437 means this house is valued at £5,263 per sq meter (£488 per sq foot).
The average size of a house on GLENCROFTS is 152 sq meters (1,644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victor Gardens |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clements Hall Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heycroft Road |