£333,671
This estimated value is based upon the latest sale price for the house of £275,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 12 Mar 2020 |
| £290,000 | 25 Oct 2019 |
| £76,500 | 27 Aug 1999 |
| £47,000 | 28 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £275,000 results in an estimated price of approximately £333,671.
| 12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £275,000 | £58,671 | £333,671 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -1.452 % | £-3,991 | £271,008 |
| 3 Month Average | -2.259 % | £-6,212 | £268,787 |
| 6 Month Average | -4.462 % | £-12,271 | £262,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £379,637 | £370,000 | 46 SPENCER GARDENS |
| 13 Oct 2023 | £388,831 | £380,000 | 9 HILARY CLOSE |
| 4 Sep 2023 | £434,580 | £425,000 | 25 OXFORD ROAD |
| 22 Jun 2023 | £489,816 | £480,000 | 45 SPENCER GARDENS |
| 4 Jan 2023 | £340,911 | £340,000 | 12 VAUGHAN CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Jun 2019. Using an estimated price of £333,672 means this house is valued at £4,448 per sq meter (£413 per sq foot).
The average size of a house on OXFORD ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oxford Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Vaughan Close |
| Jun 2024 | Bicycle theft | Under investigation | On or near Vaughan Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Vaughan Close |