£340,148
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £275,000 results in an estimated price of approximately £340,148.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £275,000 | £65,148 | £340,148 |
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 | 48.128 % | £132,351 | £407,351 |
| 3 Month Average | -4.199 % | £-11,547 | £263,452 |
| 6 Month Average | 10.183 % | £28,004 | £303,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £529,993 | £525,000 | 128 HIGHFIELDS ROAD |
| 20 Sep 2022 | £334,796 | £337,500 | 3 AVON WALK |
| 22 Apr 2022 | £339,834 | £330,000 | 9 DEBEN CLOSE |
| 28 Mar 2022 | £466,318 | £450,000 | 100 HIGHFIELDS ROAD |
| 14 Dec 2021 | £428,551 | £400,000 | 21 MERSEY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Jan 2018. Using an estimated price of £340,149 means this house is valued at £4,596 per sq meter (£427 per sq foot).
The average size of a house on BRAIN ROAD is 101 sq meters (1,089 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |