£382,301
This estimated value is based upon the latest sale price for the house of £284,995 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£284,995 | 1 Jul 2016 |
£245,000 | 22 May 2015 |
£440,000 | 18 Jan 2005 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £284,995 results in an estimated price of approximately £382,301.
1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £284,995 | £97,306 | £382,301 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 40.092 % | £114,260 | £399,255 |
3 Month Average | 47.087 % | £134,194 | £419,189 |
6 Month Average | 41.373 % | £117,912 | £402,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £392,047 | £380,000 | 19A WESTMAN ROAD |
26 Oct 2023 | £271,159 | £265,000 | 44 HORNSLAND ROAD |
12 Jun 2023 | £337,259 | £330,500 | 13A LINROPING AVENUE |
6 Mar 2023 | £327,977 | £322,500 | 31 RATTWICK DRIVE |
1 Aug 2022 | £296,386 | £295,000 | 2 HORNSLAND ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Oct 2014. Using an estimated price of £382,302 means this house is valued at £3,982 per sq meter (£369 per sq foot).
The average size of a house on WESTMAN ROAD is 68 sq meters (732 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Under investigation | On or near Westman Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westman Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Rattwick Drive |
Jun 2024 | Anti-social behaviour | On or near Rattwick Drive | |
Jun 2024 | Anti-social behaviour | On or near Rattwick Drive |