£237,996
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 25 Jun 2007 |
| £114,995 | 25 Jul 2003 |
| £59,000 | 26 Jul 1999 |
| £48,950 | 22 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 35 sq meters or 376 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £150,000 results in an estimated price of approximately £237,996.
| 25 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £150,000 | £87,996 | £237,996 |
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 | 71.849 % | £107,773 | £257,773 |
| 3 Month Average | 73.151 % | £109,726 | £259,726 |
| 6 Month Average | 80.801 % | £121,200 | £271,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £356,233 | £350,000 | 25 WAAREM AVENUE |
| 8 Dec 2023 | £262,595 | £258,000 | 31A WAAREM AVENUE |
| 25 Aug 2023 | £272,383 | £270,000 | 27 THISSELT ROAD |
| 23 Jun 2023 | £253,065 | £250,000 | 16 VAAGEN ROAD |
| 14 Nov 2022 | £395,213 | £400,000 | 69 WAARDEN ROAD |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 3 Dec 2012. Using an estimated price of £237,997 means this house is valued at £6,799 per sq meter (£631 per sq foot).
The average size of a house on VAAGEN ROAD is 97 sq meters (1,050 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (376 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lionel Road | |
| Mar 2024 | Anti-social behaviour | On or near Lionel Road | |
| Mar 2024 | Anti-social behaviour | On or near Lionel Road | |
| Mar 2024 | Anti-social behaviour | On or near Lionel Road | |
| Feb 2024 | Anti-social behaviour | On or near Lionel Road |