£316,874
This estimated value is based upon the latest sale price for the house of £238,000 on 22 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £238,000 | 22 Aug 2016 |
| £193,000 | 9 Aug 2007 |
| £84,500 | 10 Nov 2000 |
| £59,500 | 27 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,145 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £238,000 results in an estimated price of approximately £316,874.
| 22 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £238,000 | £78,874 | £316,874 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 61.625 % | £146,666 | £384,666 |
| 3 Month Average | 3.143 % | £7,481 | £245,481 |
| 6 Month Average | 19.690 % | £46,862 | £284,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £167,987 | £165,500 | 6 ROUNDACRE |
| 20 Jan 2023 | £467,796 | £470,000 | 12 HIGHFIELDS |
| 25 Jul 2022 | £309,383 | £308,550 | 4 FIRWOODS ROAD |
| 15 Jul 2022 | £436,174 | £435,000 | 7 ASH RISE |
| 12 Jul 2022 | £479,290 | £478,000 | 11 ASH RISE |
This house has a floor area of 106 sq meters or 1,145 sq feet when measured on 7 Nov 2008. Using an estimated price of £316,875 means this house is valued at £2,977 per sq meter (£276 per sq foot).
The average size of a house on FIRWOODS ROAD is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parker Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parker Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parker Way |
| Mar 2024 | Other crime | Under investigation | On or near Parker Way |