£413,738
This estimated value is based upon the latest sale price for the house of £83,500 on 7 Nov 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £83,500 | 7 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 1997 the House Price Index for ESSEX was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £83,500 results in an estimated price of approximately £413,738.
| 7 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 149.7 | 395.496 % | £83,500 | £330,238 | £413,738 |
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 | 361.295 % | £301,681 | £385,181 |
| 3 Month Average | 408.042 % | £340,715 | £424,215 |
| 6 Month Average | 414.803 % | £346,360 | £429,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £379,637 | £370,000 | 46 SPENCER GARDENS |
| 13 Oct 2023 | £388,831 | £380,000 | 9 HILARY CLOSE |
| 4 Sep 2023 | £434,580 | £425,000 | 25 OXFORD ROAD |
| 22 Jun 2023 | £489,816 | £480,000 | 45 SPENCER GARDENS |
| 4 Jan 2023 | £340,911 | £340,000 | 12 VAUGHAN CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 31 Jan 2018. Using an estimated price of £413,739 means this house is valued at £5,667 per sq meter (£526 per sq foot).
The average size of a house on OXFORD ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Unable to prosecute suspect | On or near Oxford Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Road |
| Nov 2024 | Public order | Under investigation | On or near Vaughan Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vaughan Close |