£359,362
This estimated value is based upon the latest sale price for the house of £350,000 on 30 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 30 May 2022 |
| £280,000 | 30 Jan 2020 |
| £265,000 | 24 Apr 2015 |
| £194,000 | 24 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £350,000 results in an estimated price of approximately £359,362.
| 30 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £350,000 | £9,362 | £359,362 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -8.211 % | £-28,739 | £321,260 |
| 3 Month Average | -2.073 % | £-7,256 | £342,743 |
| 6 Month Average | 2.388 % | £8,359 | £358,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £31,807 | £31,000 | GARAGE 6 VINT CRESCENT |
| 29 Sep 2023 | £766,906 | £750,000 | 23 QUEENS ROAD |
| 2 Jun 2023 | £500,020 | £490,000 | 1 SUSSEX ROAD |
| 27 Apr 2023 | £499,340 | £490,000 | 13 THE AVENUE |
| 26 Aug 2022 | £552,584 | £550,000 | 63 LEXDEN ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Jul 2014. Using an estimated price of £359,362 means this house is valued at £4,991 per sq meter (£463 per sq foot).
The average size of a house on THE AVENUE is 187 sq meters (2,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Nov 2024 | Other theft | Under investigation | On or near West Lodge Road |
| Oct 2024 | Burglary | Under investigation | On or near Roddam Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvanus Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beverley Road |