£250,581
This estimated value is based upon the latest sale price for the house of £66,250 on 26 May 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £66,250 | 26 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 May 2000 the House Price Index for ESSEX was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £66,250 results in an estimated price of approximately £250,581.
| 26 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £66,250 | £184,331 | £250,581 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 214.428 % | £142,058 | £208,308 |
| 3 Month Average | 239.603 % | £158,736 | £224,986 |
| 6 Month Average | 256.305 % | £169,802 | £236,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £239,202 | £240,329 | 48 MIAMI HOUSE PRINCES ROAD |
| 21 Oct 2022 | £473,996 | £479,100 | 49 MIAMI HOUSE PRINCES ROAD |
| 15 Sep 2022 | £116,643 | £117,585 | 13 MIAMI HOUSE PRINCES ROAD |
| 8 Sep 2022 | £217,246 | £219,000 | 41 BROOKLANDS WALK |
| 26 Aug 2022 | £483,199 | £484,500 | 30 MIAMI HOUSE PRINCES ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 27 Nov 2018. Using an estimated price of £250,581 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on BROOKLANDS WALK is 48 sq meters (522 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Brooklands Walk | |
| Feb 2024 | Anti-social behaviour | On or near Brooklands Walk | |
| Feb 2024 | Anti-social behaviour | On or near Brooklands Walk | |
| Mar 2024 | Public order | Under investigation | On or near Laurel Grove |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Laurel Grove |