£277,248
This estimated value is based upon the latest sale price for the house of £226,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £226,000 | 16 Dec 2019 |
| £195,000 | 22 Apr 2016 |
| £120,101 | 9 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £226,000 results in an estimated price of approximately £277,248.
| 16 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £226,000 | £51,248 | £277,248 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -1.277 % | £-2,886 | £223,113 |
| 3 Month Average | 7.395 % | £16,711 | £242,711 |
| 6 Month Average | 19.006 % | £42,952 | £268,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £299,621 | £297,000 | 48 PRINCES ROAD |
| 28 Jul 2023 | £375,048 | £370,000 | 41 STATION ROAD |
| 23 Jan 2023 | £398,120 | £399,995 | 10 ALEXANDRA ROAD |
| 22 Aug 2022 | £456,272 | £457,500 | 2 ALEXANDRA ROAD |
| 4 Aug 2022 | £369,007 | £370,000 | 18 PRINCES ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Jul 2018. Using an estimated price of £277,249 means this house is valued at £4,400 per sq meter (£408 per sq foot).
The average size of a house on ALEXANDRA ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alexandra Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Glynn Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glynn Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glynn Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glynn Road |