£280,961
This estimated value is based upon the latest sale price for the house of £192,500 on 22 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £192,500 | 22 May 2015 |
| £69,995 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £192,500 results in an estimated price of approximately £280,961.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £192,500 | £88,461 | £280,961 |
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 | 41.542 % | £79,969 | £272,469 |
| 3 Month Average | 49.252 % | £94,810 | £287,310 |
| 6 Month Average | 56.654 % | £109,058 | £301,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £333,139 | £330,000 | 30 PINE CLOSE |
| 24 Mar 2023 | £343,234 | £340,000 | 8 PINE CLOSE |
| 10 Jun 2022 | £324,587 | £320,000 | 8 ELLESMERE ROAD |
| 17 May 2022 | £152,881 | £150,000 | 3 REDWOODS |
| 18 Jan 2022 | £312,565 | £297,000 | 53 MAPLE WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 23 Jan 2015. Using an estimated price of £280,961 means this house is valued at £3,229 per sq meter (£300 per sq foot).
The average size of a house on CHESTNUT WALK is 130 sq meters (1,399 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechcroft Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near New Road |
| Feb 2024 | Public order | Under investigation | On or near New Road |
| Mar 2024 | Burglary | Under investigation | On or near Grasmere Road |