£364,681
This estimated value is based upon the latest sale price for the house of £360,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £360,000 | 30 Nov 2023 |
| £65,000 | 27 Jun 1997 |
| Detached |
| Freehold |
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 November 2023 the House Price Index for ESSEX was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £360,000 results in an estimated price of approximately £364,681.
| 30 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £360,000 | £4,681 | £364,681 |
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 | 45.636 % | £164,288 | £524,288 |
| 3 Month Average | 15.655 % | £56,358 | £416,358 |
| 6 Month Average | -0.850 % | £-3,059 | £356,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £301,017 | £300,000 | 94 BASIN ROAD |
| 30 Nov 2023 | £364,682 | £360,000 | 38 BASIN ROAD |
| 8 Nov 2023 | £349,487 | £345,000 | 57 BASIN ROAD |
| 16 Feb 2023 | £457,835 | £460,000 | SQUARE COTTAGE CHAPEL LANE |
| 20 Jan 2023 | £341,996 | £345,000 | 54 BASIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Basin Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Lock Hill | |
| Mar 2024 | Anti-social behaviour | On or near Lock Hill | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Basin Road |