£360,904
This estimated value is based upon the latest sale price for the house of £290,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 25 Jan 2019 |
| £175,000 | 20 Dec 2013 |
| £194,000 | 20 Dec 2006 |
| £78,000 | 13 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £290,000 results in an estimated price of approximately £360,904.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £290,000 | £70,904 | £360,904 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 14.623 % | £42,407 | £332,407 |
| 3 Month Average | 10.528 % | £30,532 | £320,532 |
| 6 Month Average | 18.193 % | £52,760 | £342,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £402,529 | £395,000 | 9 RICKSTONES ROAD |
| 24 Feb 2023 | £342,286 | £340,000 | 19 CROSS ROAD |
| 16 Feb 2023 | £377,522 | £375,000 | 37 CRESSING ROAD |
| 25 Feb 2022 | £369,760 | £350,000 | 5 CRESSING ROAD |
| 28 Jan 2022 | £355,166 | £335,000 | 17 CRESSING ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 8 Feb 2013. Using an estimated price of £360,905 means this house is valued at £4,748 per sq meter (£441 per sq foot).
The average size of a house on CROSS ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Cross Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |
| Oct 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Chaseway |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaseway |