£375,560
This estimated value is based upon the latest sale price for the house of £370,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 3 Nov 2023 |
| £235,000 | 11 Nov 2013 |
| £245,000 | 10 Jun 2011 |
| £239,950 | 15 Feb 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,353 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 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £370,000 results in an estimated price of approximately £375,560.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £370,000 | £5,560 | £375,560 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -3.281 % | £-12,140 | £357,859 |
| 3 Month Average | -15.245 % | £-56,408 | £313,591 |
| 6 Month Average | -3.509 % | £-12,984 | £357,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £407,123 | £400,000 | 36 BLADE ROAD |
| 9 Nov 2023 | £395,861 | £390,000 | 27 BLADE ROAD |
| 3 Nov 2023 | £375,560 | £370,000 | 34 BLADE ROAD |
| 25 Aug 2023 | £438,839 | £435,000 | 81 APPRENTICE DRIVE |
| 25 Aug 2023 | £605,290 | £599,995 | 117 APPRENTICE DRIVE |
This house has a floor area of 125 sq meters or 1,353 sq feet when measured on 15 May 2009. Using an estimated price of £375,560 means this house is valued at £2,986 per sq meter (£277 per sq foot).
The average size of a house on BLADE ROAD is 129 sq meters (1,392 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Blade Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Blade Road |