£228,751
This estimated value is based upon the latest sale price for the house of £195,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£195,000 | 30 Oct 2020 |
£130,000 | 12 Jul 2012 |
£120,000 | 28 Nov 2003 |
£95,000 | 18 Oct 2002 |
Detached |
Freehold |
Floor Area: 38 sq meters or 419 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £195,000 results in an estimated price of approximately £228,751.
30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £195,000 | £33,751 | £228,751 |
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 | 15.819 % | £30,847 | £225,847 |
3 Month Average | 14.750 % | £28,762 | £223,762 |
6 Month Average | 16.085 % | £31,364 | £226,364 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £283,626 | £280,000 | 17 BEACH ROAD |
15 Aug 2023 | £302,648 | £300,000 | 10 OXFORD ROAD |
4 Aug 2023 | £337,957 | £335,000 | 10B BEACH ROAD |
2 Mar 2023 | £257,425 | £255,000 | 5 OXFORD ROAD |
18 Nov 2022 | £232,188 | £235,000 | 20A NORMANS ROAD |
This house has a floor area of 38 sq meters or 419 sq feet when measured on 6 Apr 2011. Using an estimated price of £228,751 means this house is valued at £5,875 per sq meter (£545 per sq foot).
The average size of a house on BEACH ROAD is 77 sq meters (835 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Road |
Mar 2024 | Anti-social behaviour | On or near Rosbach Road |