£304,080
This estimated value is based upon the latest sale price for the house of £167,500 on 16 Dec 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £167,500 | 16 Dec 2005 |
| £78,500 | 18 May 2001 |
| Terraced |
| Freehold |
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 2005 the House Price Index for ESSEX was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £167,500 results in an estimated price of approximately £304,080.
| 16 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £167,500 | £136,580 | £304,080 |
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 | 71.776 % | £120,225 | £287,725 |
| 3 Month Average | 87.452 % | £146,481 | £313,981 |
| 6 Month Average | 75.704 % | £126,804 | £294,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £397,205 | £385,000 | 59 ROCHFORD GARDEN WAY |
| 29 Nov 2023 | £348,855 | £340,000 | 122 ROCHFORD GARDEN WAY |
| 3 Mar 2023 | £335,605 | £330,000 | 34 BOBBING CLOSE |
| 13 Feb 2023 | £296,984 | £295,000 | 16 THE DRIVE |
| 31 Jan 2023 | £381,018 | £380,000 | 65 THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Oct 2024 | Drugs | Under investigation | On or near The Drive |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |
| Oct 2024 | Other theft | Under investigation | On or near The Drive |
| Aug 2024 | Drugs | Under investigation | On or near The Drive |