£486,891
This estimated value is based upon the latest sale price for the house of £497,180 on 30 Sep 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £497,180 | 30 Sep 2022 |
| £229,000 | 5 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 987 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 2022 the House Price Index for ESSEX was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £497,180 results in an estimated price of approximately £486,891.
| 30 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £497,180 | £-10,288 | £486,891 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | -42.907 % | £-213,324 | £283,855 |
| 3 Month Average | -7.621 % | £-37,891 | £459,288 |
| 6 Month Average | 2.787 % | £13,855 | £511,035 |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 5 Jan 2010.
The average size of a house on KING EDWARD ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near King Edward Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near King Edward Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near King Edward Road |
| Dec 2023 | Other theft | Under investigation | On or near King Edward Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near King Edward Road |