£374,697
This estimated value is based upon the latest sale price for the house of £219,995 on 14 Sep 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £219,995 | 14 Sep 2006 |
| £70,000 | 9 Feb 2001 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2006 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £219,995 results in an estimated price of approximately £374,697.
| 14 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £219,995 | £154,702 | £374,697 |
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 | 68.831 % | £151,424 | £371,419 |
| 3 Month Average | 78.124 % | £171,867 | £391,862 |
| 6 Month Average | 90.763 % | £199,675 | £419,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £760,232 | £750,000 | 124 - 126 FURTHERWICK ROAD |
| 30 Mar 2023 | £222,092 | £220,000 | 87 FURTHERWICK ROAD |
| 9 Jun 2022 | £448,843 | £442,500 | 4 ELM ROAD |
| 17 Dec 2021 | £353,554 | £330,000 | 11 BLACKTHORNE ROAD |
| 9 Apr 2021 | £344,400 | £305,000 | 21 BLACKTHORNE ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 11 Sep 2018. Using an estimated price of £374,698 means this house is valued at £2,950 per sq meter (£274 per sq foot).
The average size of a house on ELM ROAD is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Road |
| Mar 2024 | Drugs | Local resolution | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oak Road |
| Mar 2024 | Drugs | Under investigation | On or near Oak Road |