£348,326
This estimated value is based upon the latest sale price for the house of £337,500 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £337,500 | 24 Mar 2022 |
| £280,000 | 16 Aug 2016 |
| £215,000 | 30 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £337,500 results in an estimated price of approximately £348,326.
| 24 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £337,500 | £10,826 | £348,326 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 17.570 % | £59,300 | £396,800 |
| 3 Month Average | -2.716 % | £-9,165 | £328,334 |
| 6 Month Average | -4.268 % | £-14,404 | £323,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £155,948 | £155,000 | 24 CHAPMAN PLACE |
| 14 Apr 2023 | £141,048 | £140,000 | 37 CHAPMAN PLACE |
| 27 Jan 2023 | £290,449 | £293,000 | 403 MILL ROAD |
| 2 Sep 2022 | £197,597 | £200,000 | 52 MORTIMER GARDENS |
| 29 Apr 2022 | £282,051 | £275,000 | 405 MILL ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 18 Jul 2020. Using an estimated price of £348,326 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on MORTIMER GARDENS is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mortimer Gardens |
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Chapman Place |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Chapman Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapman Place |
| Mar 2024 | Public order | Under investigation | On or near Scrivener Close |