£455,335
This estimated value is based upon the latest sale price for the house of £425,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 20 Dec 2021 |
| £360,000 | 30 Jun 2017 |
| £245,000 | 11 Sep 2009 |
| £240,000 | 15 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £425,000 results in an estimated price of approximately £455,335.
| 20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £425,000 | £30,335 | £455,335 |
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 | -7.282 % | £-30,948 | £394,051 |
| 3 Month Average | 0.654 % | £2,779 | £427,779 |
| 6 Month Average | 7.848 % | £33,353 | £458,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £405,181 | £400,000 | 6 CONVENT ROAD |
| 23 Jun 2023 | £253,065 | £250,000 | 16 VAAGEN ROAD |
| 13 Jun 2023 | £263,188 | £260,000 | FLAT 1 CLERMONT HOUSE, 38 LONG ROAD |
| 30 Mar 2023 | £222,092 | £220,000 | 87 FURTHERWICK ROAD |
| 30 Jan 2023 | £248,828 | £250,000 | 74A FURTHERWICK ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 22 Oct 2021. Using an estimated price of £455,335 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on LIONEL ROAD is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Stuart Close | |
| Mar 2024 | Anti-social behaviour | On or near Stuart Close | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stuart Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stuart Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stuart Close |