£1,295,169
This estimated value is based upon the latest sale price for the house of £1,200,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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149b High Street, Brentwood, CM14 4SA
Phone: 01277298662
| Price Paid | Date |
|---|---|
| £1,200,000 | 17 Dec 2021 |
| £840,000 | 1 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,314 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,295,169.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £1,200,000 | £95,169 | £1,295,169 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 39.336 % | £472,035 | £1,672,035 |
| 3 Month Average | -6.741 % | £-80,890 | £1,119,109 |
| 6 Month Average | -0.826 % | £-9,909 | £1,190,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £705,000 | £705,000 | 14 WEALD CLOSE |
| 30 Apr 2024 | £796,920 | £790,000 | 31 LONDON ROAD |
| 18 Dec 2023 | £742,826 | £720,000 | 1 WEALD CLOSE |
| 21 Apr 2023 | £779,581 | £765,000 | 24 WEALD CLOSE |
| 8 Mar 2023 | £803,417 | £790,000 | 10 ASHFORD AVENUE |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 7 Jul 2020. Using an estimated price of £1,295,169 means this house is valued at £6,024 per sq meter (£559 per sq foot).
The average size of a house on LONDON ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Weald Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashford Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashford Avenue |
| Sep 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Under investigation | On or near Petrol Station |