£367,268
This estimated value is based upon the latest sale price for the house of £320,000 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 |
|---|---|
| £320,000 | 11 Dec 2020 |
| £215,000 | 26 Sep 2014 |
| £170,000 | 19 Mar 2007 |
| £59,600 | 22 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £320,000 results in an estimated price of approximately £367,268.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £320,000 | £47,268 | £367,268 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 9.459 % | £30,267 | £350,267 |
| 3 Month Average | 13.778 % | £44,089 | £364,089 |
| 6 Month Average | 17.065 % | £54,607 | £374,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £346,055 | £340,000 | 36 TARANTO ROAD |
| 18 Sep 2023 | £329,209 | £325,000 | 5 HOPE ROAD |
| 2 Aug 2023 | £302,648 | £300,000 | 22 TARANTO ROAD |
| 31 Jul 2023 | £250,370 | £247,000 | 57 TARANTO ROAD |
| 27 Jul 2023 | £248,342 | £245,000 | 40 TARANTO ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Jul 2020. Using an estimated price of £367,268 means this house is valued at £4,478 per sq meter (£416 per sq foot).
The average size of a house on HOPE ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hope Road |
| Mar 2024 | Anti-social behaviour | On or near Taranto Road | |
| Mar 2024 | Other crime | Under investigation | On or near Lappmark Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcos Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wilrich Avenue |