£426,992
This estimated value is based upon the latest sale price for the house of £350,000 on 24 Jun 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 24 Jun 2020 |
| £315,000 | 1 Jun 2015 |
| £229,000 | 28 May 2012 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £350,000 results in an estimated price of approximately £426,992.
| 24 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £350,000 | £76,992 | £426,992 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -28.262 % | £-98,915 | £251,084 |
| 3 Month Average | 8.960 % | £31,359 | £381,359 |
| 6 Month Average | 7.250 % | £25,373 | £375,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £287,293 | £280,000 | 61 ASHBY ROAD |
| 13 Nov 2023 | £292,423 | £285,000 | 28 SPARKEY CLOSE |
| 12 Oct 2023 | £353,018 | £345,000 | 6 HALFACRES |
| 12 Oct 2023 | £281,391 | £275,000 | 33 ASHBY ROAD |
| 31 Mar 2023 | £238,991 | £235,000 | 4 GAY BOWERS WAY |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 21 May 2020. Using an estimated price of £426,993 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on ASHBY ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Halfacres |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Halfacres |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Halfacres |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Halfacres |
| Jul 2024 | Other crime | Awaiting court outcome | On or near Halfacres |