£270,687
This estimated value is based upon the latest sale price for the house of £220,000 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 27 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £220,000 results in an estimated price of approximately £270,687.
| 27 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £220,000 | £50,687 | £270,687 |
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 | 44.569 % | £98,050 | £318,050 |
| 3 Month Average | 7.234 % | £15,914 | £235,914 |
| 6 Month Average | 8.415 % | £18,513 | £238,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £501,550 | £498,500 | 108 WASHINGTON ROAD |
| 27 Apr 2023 | £282,097 | £280,000 | 83 NORFOLK ROAD |
| 13 Mar 2023 | £291,576 | £290,000 | 84 NORFOLK ROAD |
| 24 Feb 2023 | £562,340 | £565,000 | 119A WASHINGTON ROAD |
| 24 Jan 2023 | £272,605 | £275,000 | 79 NORFOLK ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 15 Oct 2021. Using an estimated price of £270,688 means this house is valued at £5,413 per sq meter (£502 per sq foot).
The average size of a house on NORFOLK ROAD is 76 sq meters (822 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Suffolk Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Suffolk Road |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Suffolk Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |