£299,676
This estimated value is based upon the latest sale price for the house of £231,500 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Homefield Road
More crime details
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| Price Paid | Date |
|---|---|
| £231,500 | 15 Dec 2016 |
| £139,000 | 19 Dec 2011 |
| £79,000 | 25 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2016 the House Price Index for ESSEX was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £231,500 results in an estimated price of approximately £299,676.
| 15 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £231,500 | £68,176 | £299,676 |
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 | -3.222 % | £-7,460 | £224,039 |
| 3 Month Average | -5.872 % | £-13,593 | £217,906 |
| 6 Month Average | 12.561 % | £29,078 | £260,578 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Sep 2020.
The average size of a house on HOMEFIELD ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Homefield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Homefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homefield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Homefield Road |
| Mar 2024 | Other theft | Under investigation | On or near Cypress Road |