£395,004
This estimated value is based upon the latest sale price for the house of £266,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £266,000 | 6 Mar 2015 |
| £180,000 | 22 Apr 2003 |
| £146,500 | 23 Aug 2001 |
| £94,000 | 9 Oct 1998 |
| Terraced |
| 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 March 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £266,000 results in an estimated price of approximately £395,004.
| 6 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £266,000 | £129,004 | £395,004 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 22.273 % | £59,244 | £325,244 |
| 3 Month Average | 46.124 % | £122,688 | £388,688 |
| 6 Month Average | 46.624 % | £124,020 | £390,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £421,476 | £415,000 | 48 SHOEBURY ROAD |
| 1 Dec 2023 | £402,364 | £390,000 | 35 SHOEBURY ROAD |
| 8 Nov 2023 | £177,506 | £173,000 | FLAT 1 BAKERY COURT SHOEBURY ROAD |
| 30 Aug 2023 | £402,255 | £395,000 | 34 ST JOHNS ROAD |
| 5 Sep 2022 | £334,776 | £335,000 | 24 ST JOHNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near St Johns Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St John'S Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St John'S Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Anchorage |
| Jun 2024 | Anti-social behaviour | On or near The Anchorage |