£301,793
This estimated value is based upon the latest sale price for the house of £55,000 on 11 Oct 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £55,000 | 11 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 1996 the House Price Index for ESSEX was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £55,000 results in an estimated price of approximately £301,793.
| 11 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £55,000 | £246,793 | £301,793 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 499.896 % | £274,942 | £329,942 |
| 3 Month Average | 405.190 % | £222,854 | £277,854 |
| 6 Month Average | 446.573 % | £245,615 | £300,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £406,011 | £400,000 | 6 RUDKIN ROAD |
| 21 Jul 2023 | £435,866 | £430,000 | 17 STAMMERS ROAD |
| 30 Jun 2023 | £344,169 | £340,000 | 197 MILL ROAD |
| 14 Jun 2023 | £359,353 | £355,000 | 24 STAMMERS ROAD |
| 26 Apr 2023 | £298,211 | £295,000 | 181 MILL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 May 2012. Using an estimated price of £301,793 means this house is valued at £3,636 per sq meter (£337 per sq foot).
The average size of a house on RUDKIN ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bedford Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornwood |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Remus Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Citius Parade |