£542,422
This estimated value is based upon the latest sale price for the house of £448,000 on 18 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £448,000 | 18 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £448,000 results in an estimated price of approximately £542,422.
| 18 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.076 % | £448,000 | £94,422 | £542,422 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 9.764 % | £43,740 | £491,740 |
| 3 Month Average | -5.746 % | £-25,739 | £422,260 |
| 6 Month Average | 9.760 % | £43,725 | £491,725 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 23 Sep 2019.
The average size of a house on FERNLEA ROAD is 84 sq meters (906 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fernlea Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fernlea Road |