£360,390
This estimated value is based upon the latest sale price for the house of £225,000 on 28 May 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 May 2008 |
| £119,000 | 30 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2008 the House Price Index for ESSEX was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £225,000 results in an estimated price of approximately £360,390.
| 28 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £225,000 | £135,390 | £360,390 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 66.073 % | £148,664 | £373,664 |
| 3 Month Average | 61.071 % | £137,410 | £362,410 |
| 6 Month Average | 60.541 % | £136,216 | £361,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £376,796 | £370,000 | 6 HEYCROFT ROAD |
| 27 Feb 2023 | £402,690 | £400,000 | 9 HILL LANE |
| 30 Jan 2023 | £350,938 | £350,000 | 39 HEYCROFT ROAD |
| 11 Mar 2022 | £309,004 | £296,000 | 9 VICTOR GARDENS |
| 29 Nov 2021 | £503,358 | £462,000 | 19 HILL LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Mar 2018. Using an estimated price of £360,390 means this house is valued at £5,460 per sq meter (£507 per sq foot).
The average size of a house on HILL LANE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Hill Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenwood Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenwood Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Glenwood Avenue |
| Oct 2024 | Vehicle crime | Under investigation | On or near Glencrofts |