£655,210
This estimated value is based upon the latest sale price for the house of £540,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £540,000 | 12 Mar 2020 |
| £342,000 | 29 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £540,000 results in an estimated price of approximately £655,210.
| 12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £540,000 | £115,210 | £655,210 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 45.682 % | £246,685 | £786,685 |
| 3 Month Average | 2.128 % | £11,490 | £551,490 |
| 6 Month Average | 10.891 % | £58,813 | £598,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £455,000 | £455,000 | 12 PARK GARDENS |
| 8 May 2024 | £410,000 | £410,000 | 4 GLENWOOD AVENUE |
| 20 Sep 2023 | £501,045 | £490,000 | 36 PARK GARDENS |
| 28 Jun 2023 | £367,362 | £360,000 | 59 HAWKWELL PARK DRIVE |
| 17 Apr 2023 | £453,482 | £445,000 | 45 HAWKWELL PARK DRIVE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 4 Oct 2018. Using an estimated price of £655,210 means this house is valued at £4,069 per sq meter (£378 per sq foot).
The average size of a house on HAWKWELL PARK DRIVE is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Briar Close |