£471,520
This estimated value is based upon the latest sale price for the house of £412,500 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £412,500 | 11 Dec 2020 |
| £281,000 | 30 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £412,500 results in an estimated price of approximately £471,520.
| 11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £412,500 | £59,020 | £471,520 |
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 | 4.578 % | £18,886 | £431,386 |
| 3 Month Average | -17.340 % | £-71,526 | £340,973 |
| 6 Month Average | 2.310 % | £9,528 | £422,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £384,337 | £382,000 | SYCAMORE HOUSE SPINKS LANE |
| 29 Mar 2023 | £5,133,917 | £5,106,166 | WILLOWMEAD CARE HOME WICKHAM BISHOPS ROAD |
| 23 Mar 2023 | £236,277 | £235,000 | 6 HOME BRIDGE COURT HATFIELD ROAD |
| 6 Jan 2023 | £282,518 | £285,000 | 29 HOME BRIDGE COURT HATFIELD ROAD |
| 1 Nov 2022 | £162,367 | £165,000 | 36 WICKHAM ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 28 Jul 2013. Using an estimated price of £471,520 means this house is valued at £4,247 per sq meter (£394 per sq foot).
The average size of a house on HATFIELD ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wickham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodfield |
| Apr 2024 | Anti-social behaviour | On or near Windsor Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Close |