£299,905
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Oct 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
Price Paid | Date |
---|---|
£175,000 | 25 Oct 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 October 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £175,000 results in an estimated price of approximately £299,905.
25 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 149.7 | 71.374 % | £175,000 | £124,905 | £299,905 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 60.727 % | £106,272 | £281,272 |
3 Month Average | 43.147 % | £75,506 | £250,506 |
6 Month Average | 43.840 % | £76,720 | £251,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £242,853 | £237,500 | 46 ROSE VALLEY |
31 Aug 2023 | £274,959 | £270,000 | FLAT 6 29 ROSE VALLEY |
30 Nov 2022 | £363,301 | £365,000 | FLAT 8 29 ROSE VALLEY |
26 Oct 2022 | £204,318 | £205,000 | FLAT 15 CORNSLAND COURT ROSE VALLEY |
6 Jul 2022 | £580,820 | £575,000 | 13 CORNSLAND |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Mar 2020. Using an estimated price of £299,905 means this house is valued at £4,284 per sq meter (£398 per sq foot).
The average size of a house on ROSE VALLEY is 74 sq meters (799 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Rose Valley |
Aug 2024 | Anti-social behaviour | On or near Rose Valley | |
Aug 2024 | Anti-social behaviour | On or near Rose Valley | |
Jul 2024 | Anti-social behaviour | On or near Rose Valley | |
Jul 2024 | Anti-social behaviour | On or near Rose Valley |