£385,554
This estimated value is based upon the latest sale price for the house of £330,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £330,000 | 9 Oct 2020 |
| £179,000 | 22 Aug 2008 |
| Terraced |
| 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £330,000 results in an estimated price of approximately £385,554.
| 9 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £330,000 | £55,554 | £385,554 |
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 | 29.391 % | £96,988 | £426,988 |
| 3 Month Average | 0.381 % | £1,258 | £331,258 |
| 6 Month Average | 3.989 % | £13,163 | £343,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £397,521 | £390,000 | 12 LINDISFARNE COURT |
| 9 Aug 2023 | £332,019 | £330,000 | 20 ESSEX ROAD |
| 10 Mar 2023 | £351,902 | £350,000 | 9 VIKING ROAD |
| 17 Dec 2021 | £522,855 | £490,000 | 3 ESSEX ROAD |
| 18 Dec 2020 | £382,932 | £335,000 | 6 DORSET ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Mar 2020. Using an estimated price of £385,554 means this house is valued at £4,943 per sq meter (£459 per sq foot).
The average size of a house on VIKING ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Cumberland Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Washington Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Washington Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Washington Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Washington Road |