£228,571
This estimated value is based upon the latest sale price for the house of £185,000 on 12 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 12 Nov 2019 |
| £130,000 | 18 Aug 2004 |
| £65,000 | 16 Oct 2001 |
| £37,000 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £185,000 results in an estimated price of approximately £228,571.
| 12 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £185,000 | £43,571 | £228,571 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 9.011 % | £16,670 | £201,670 |
| 3 Month Average | 8.454 % | £15,639 | £200,639 |
| 6 Month Average | 7.878 % | £14,574 | £199,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 12 SYCAMORE WAY |
| 5 Apr 2023 | £234,384 | £230,000 | 11 CHESTNUT AVENUE |
| 24 Mar 2023 | £221,702 | £218,000 | 16 WALNUT WAY |
| 2 Aug 2022 | £195,916 | £195,000 | 30 ALMOND CLOSE |
| 14 Apr 2022 | £197,110 | £190,000 | 9 WALNUT WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Jan 2019. Using an estimated price of £228,572 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on STANLEY ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Almond Close |
| Sep 2024 | Anti-social behaviour | On or near Almond Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almond Close |