£277,663
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 Jun 2007 |
| 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £175,000 results in an estimated price of approximately £277,663.
| 11 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £175,000 | £102,663 | £277,663 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 71.849 % | £125,735 | £300,735 |
| 3 Month Average | 73.151 % | £128,014 | £303,014 |
| 6 Month Average | 80.801 % | £141,401 | £316,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £461,033 | £457,000 | 43 THELMA AVENUE |
| 4 Jul 2023 | £253,411 | £250,000 | 25 FAIRLOP AVENUE |
| 20 Jan 2023 | £233,898 | £235,000 | 4 MERLIN COURT |
| 30 Sep 2022 | £277,757 | £280,000 | 29 THELMA AVENUE |
| 24 Jun 2022 | £289,085 | £285,000 | 11B BEATRICE AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 16 Jan 2015. Using an estimated price of £277,663 means this house is valued at £4,958 per sq meter (£460 per sq foot).
The average size of a house on THELMA AVENUE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Roland Lane |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Fairlop Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Fairlop Avenue |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Fairlop Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Fairlop Avenue |