£404,224
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 17 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £250,000 results in an estimated price of approximately £404,224.
| 17 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £250,000 | £154,224 | £404,224 |
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 | 46.047 % | £115,117 | £365,117 |
| 3 Month Average | 65.715 % | £164,286 | £414,286 |
| 6 Month Average | 67.332 % | £168,331 | £418,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £318,000 | £318,000 | 34 GLOUCESTER AVENUE |
| 30 Nov 2023 | £307,814 | £300,000 | 41 GLOUCESTER AVENUE |
| 4 Oct 2023 | £353,018 | £345,000 | 9 GLOUCESTER AVENUE |
| 31 Aug 2023 | £402,255 | £395,000 | 44 ESSEX ROAD |
| 9 Aug 2023 | £336,061 | £330,000 | 20 ESSEX ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Sep 2013. Using an estimated price of £404,225 means this house is valued at £5,182 per sq meter (£481 per sq foot).
The average size of a house on ESSEX ROAD is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Gloucester Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Avenue |
| Oct 2024 | Bicycle theft | Under investigation | On or near Pembroke Avenue |