£460,647
This estimated value is based upon the latest sale price for the house of £375,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £375,000 | 5 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £375,000 results in an estimated price of approximately £460,647.
| 5 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £375,000 | £85,647 | £460,647 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 30.957 % | £116,089 | £491,089 |
| 3 Month Average | 5.957 % | £22,338 | £397,338 |
| 6 Month Average | 10.070 % | £37,761 | £412,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £397,521 | £390,000 | 12 LINDISFARNE COURT |
| 12 Jun 2023 | £655,313 | £650,000 | 20 AVELEY WAY |
| 5 Aug 2022 | £397,315 | £400,000 | 54 DORSET ROAD |
| 21 Dec 2021 | £453,497 | £425,000 | 7 LONGSHIP WAY |
| 29 Nov 2021 | £600,509 | £557,500 | 5 VIBORG GARDENS |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 5 Feb 2019. Using an estimated price of £460,648 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on DORSET ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hemmings Court |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Essex Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Cumberland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |