£256,640
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£190,000 | 21 Mar 2016 |
Detached |
Freehold |
Floor Area: 44 sq meters or 473 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 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £190,000 results in an estimated price of approximately £256,640.
21 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £190,000 | £66,640 | £256,640 |
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 | 43.509 % | £82,666 | £272,666 |
3 Month Average | 35.527 % | £67,502 | £257,502 |
6 Month Average | 43.382 % | £82,426 | £272,426 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £218,231 | £215,000 | 13 SOUTHWICK ROAD |
7 Aug 2023 | £273,896 | £271,500 | 19A HERTFORD ROAD |
1 Mar 2023 | £393,709 | £390,000 | 1C CAMBRIDGE ROAD |
28 Jun 2022 | £420,949 | £415,000 | 30 HERTFORD ROAD |
24 Jun 2022 | £324,587 | £320,000 | 5A CAMBRIDGE ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 25 Feb 2016. Using an estimated price of £256,640 means this house is valued at £5,832 per sq meter (£541 per sq foot).
The average size of a house on HERTFORD ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Cambridge Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cambridge Road |
Mar 2024 | Anti-social behaviour | On or near Matlock Road | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Matlock Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayes Lane |