£274,959
This estimated value is based upon the latest sale price for the house of £270,000 on 9 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £270,000 | 9 Aug 2023 |
| £195,000 | 1 Aug 2018 |
| £192,000 | 25 Apr 2018 |
| £139,950 | 9 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 August 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £270,000 results in an estimated price of approximately £274,959.
| 9 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £270,000 | £4,959 | £274,959 |
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 | 20.448 % | £55,210 | £325,210 |
| 3 Month Average | 12.215 % | £32,979 | £302,979 |
| 6 Month Average | 12.684 % | £34,246 | £304,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £242,102 | £240,000 | 55 MOUNT PLEASANT |
| 4 Sep 2023 | £224,959 | £220,000 | 23 SPITAL ROAD |
| 9 Aug 2023 | £274,959 | £270,000 | 41 MOUNT PLEASANT |
| 23 Jun 2023 | £415,833 | £407,500 | 70B FAMBRIDGE ROAD |
| 19 Jan 2023 | £142,882 | £142,500 | 30 FAMBRIDGE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 24 Aug 2020. Using an estimated price of £274,959 means this house is valued at £4,909 per sq meter (£456 per sq foot).
The average size of a house on MOUNT PLEASANT is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Parking Area |
| Oct 2024 | Other crime | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Drugs | Under investigation | On or near Parking Area |
| Oct 2024 | Public order | Under investigation | On or near Parking Area |