£744,763
This estimated value is based upon the latest sale price for the house of £645,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £645,000 | 11 Nov 2020 |
| £230,000 | 20 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 227 sq meters or 2,443 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £645,000 results in an estimated price of approximately £744,763.
| 11 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £645,000 | £99,763 | £744,763 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -44.342 % | £-286,006 | £358,993 |
| 3 Month Average | -13.436 % | £-86,659 | £558,340 |
| 6 Month Average | -5.334 % | £-34,403 | £610,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £463,774 | £455,000 | 44 GOLDEN CROSS ROAD |
| 3 Apr 2023 | £347,583 | £345,000 | 15 BRAYS LANE |
| 8 Feb 2023 | £378,211 | £380,000 | 352 ASHINGDON ROAD |
| 2 Aug 2022 | £307,919 | £310,000 | 18 BRAYS LANE |
| 8 Jun 2022 | £530,375 | £525,000 | 23 GOLDEN CROSS ROAD |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 6 Sep 2019. Using an estimated price of £744,764 means this house is valued at £3,280 per sq meter (£304 per sq foot).
The average size of a house on GOLDEN CROSS ROAD is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashingdon Road |
| Mar 2024 | Other theft | Under investigation | On or near Ashingdon Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Ashingdon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashingdon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Golden Cross Road |