£317,270
This estimated value is based upon the latest sale price for the house of £185,000 on 19 Nov 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 19 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 November 2010 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £185,000 results in an estimated price of approximately £317,270.
| 19 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £185,000 | £132,270 | £317,270 |
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 | 61.285 % | £113,377 | £298,377 |
| 3 Month Average | 56.879 % | £105,225 | £290,225 |
| 6 Month Average | 86.464 % | £159,957 | £344,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £573,456 | £575,000 | 47A WESTERN ROAD |
| 23 Jun 2022 | £314,444 | £310,000 | 32 CHAPEL ROAD |
| 4 May 2022 | £337,357 | £331,000 | 73 CHAPEL ROAD |
| 13 Dec 2021 | £318,735 | £297,500 | 26 CHAPEL ROAD |
| 18 Nov 2021 | £478,029 | £442,000 | 36 CHAPEL ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 2 Sep 2016. Using an estimated price of £317,270 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on WESTERN ROAD is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alamein Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queens Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Brickwall Close |