£412,143
This estimated value is based upon the latest sale price for the house of £335,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £335,000 | 15 Feb 2019 |
| £219,000 | 2 Jun 2006 |
| £192,500 | 20 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 February 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £335,000 results in an estimated price of approximately £412,143.
| 15 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £335,000 | £77,143 | £412,143 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 18.800 % | £62,978 | £397,978 |
| 3 Month Average | 13.133 % | £43,996 | £378,996 |
| 6 Month Average | 10.941 % | £36,653 | £371,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £280,655 | £278,000 | 22 SWAN CLOSE |
| 9 Nov 2022 | £311,941 | £317,000 | 8 MASCOT SQUARE |
| 6 Jun 2022 | £303,072 | £300,000 | 3 MASCOT SQUARE |
| 6 Apr 2022 | £360,000 | £351,000 | 29 ELMSTEAD ROAD |
| 15 Dec 2021 | £262,495 | £246,000 | 8 ELMSTEAD ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 8 Mar 2016. Using an estimated price of £412,144 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on ELMSTEAD ROAD is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swan Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmstead Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Capstan Place |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Capstan Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capstan Place |