£283,216
This estimated value is based upon the latest sale price for the house of £252,000 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £252,000 | 13 Aug 2021 |
| £59,000 | 23 Jan 1998 |
| £55,000 | 20 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £252,000 results in an estimated price of approximately £283,216.
| 13 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £252,000 | £31,216 | £283,216 |
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 | -1.035 % | £-2,608 | £249,391 |
| 3 Month Average | 7.909 % | £19,929 | £271,929 |
| 6 Month Average | 15.710 % | £39,590 | £291,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £292,423 | £285,000 | 28 SPARKEY CLOSE |
| 13 Nov 2023 | £287,293 | £280,000 | 61 ASHBY ROAD |
| 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 45 sq meters or 484 sq feet when measured on 2 Jun 2020. Using an estimated price of £283,216 means this house is valued at £6,293 per sq meter (£584 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Halfacres |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Halfacres |
| Jul 2024 | Other crime | Awaiting court outcome | On or near Halfacres |