£457,787
This estimated value is based upon the latest sale price for the house of £425,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 26 Nov 2021 |
| £250,000 | 29 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £425,000 results in an estimated price of approximately £457,787.
| 26 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £425,000 | £32,787 | £457,787 |
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 | 26.617 % | £113,120 | £538,120 |
| 3 Month Average | 2.362 % | £10,036 | £435,036 |
| 6 Month Average | -6.715 % | £-28,536 | £396,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £168,182 | £165,000 | FLAT 49 COOPER COURT SPITAL ROAD |
| 30 Nov 2023 | £182,341 | £180,000 | FLAT 43 COOPER COURT SPITAL ROAD |
| 30 Nov 2023 | £187,406 | £185,000 | FLAT 1 COOPER COURT SPITAL ROAD |
| 7 Jun 2023 | £146,185 | £145,000 | FLAT 7 COOPER COURT SPITAL ROAD |
| 28 Apr 2023 | £211,573 | £210,000 | FLAT 23 COOPER COURT SPITAL ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 3 Sep 2013. Using an estimated price of £457,787 means this house is valued at £4,975 per sq meter (£462 per sq foot).
The average size of a house on SPITAL ROAD is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Orchard Close |
| Apr 2024 | Public order | Under investigation | On or near Cherry Garden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Garden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Garden Road |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Cherry Garden Road |