£400,928
This estimated value is based upon the latest sale price for the house of £290,000 on 14 Jan 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 14 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £290,000 results in an estimated price of approximately £400,928.
| 14 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £290,000 | £110,928 | £400,928 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 36.611 % | £106,172 | £396,172 |
| 3 Month Average | 24.987 % | £72,461 | £362,461 |
| 6 Month Average | 24.868 % | £72,118 | £362,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £356,551 | £347,500 | 18 HESTER PLACE |
| 21 Apr 2023 | £377,052 | £370,000 | PIPERS SANDPIT LANE |
| 24 May 2022 | £487,706 | £475,000 | 1 MILDMAY ROAD |
| 29 Sep 2021 | £537,357 | £495,000 | 37 MILDMAY ROAD |
| 9 Sep 2021 | £390,805 | £360,000 | 7 MILDMAY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Jul 2015. Using an estimated price of £400,929 means this house is valued at £4,265 per sq meter (£396 per sq foot).
The average size of a house on MILDMAY ROAD is 119 sq meters (1,281 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
| Apr 2024 | Other crime | Under investigation | On or near Mildmay Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near New Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Road |
| May 2024 | Burglary | Under investigation | On or near Normandy Avenue |