£322,315
This estimated value is based upon the latest sale price for the house of £260,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 9 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £260,000 results in an estimated price of approximately £322,315.
| 9 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £260,000 | £62,315 | £322,315 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -24.279 % | £-63,125 | £196,874 |
| 3 Month Average | 27.215 % | £70,757 | £330,757 |
| 6 Month Average | 16.903 % | £43,947 | £303,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £458,986 | £455,000 | 1 SUFFOLK ROAD |
| 12 Dec 2023 | £402,364 | £390,000 | 12 LINDISFARNE COURT |
| 10 Mar 2023 | £355,944 | £350,000 | 9 VIKING ROAD |
| 8 Jul 2022 | £429,302 | £425,000 | 25D VIKING ROAD |
| 18 Dec 2020 | £387,330 | £335,000 | 6 DORSET ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Dec 2018. Using an estimated price of £322,315 means this house is valued at £4,028 per sq meter (£374 per sq foot).
The average size of a house on VIKING ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Markland Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Markland Drive |