£584,817
This estimated value is based upon the latest sale price for the house of £460,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £460,000 | 6 Oct 2017 |
| £101,000 | 17 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £460,000 results in an estimated price of approximately £584,817.
| 6 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £460,000 | £124,817 | £584,817 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 22.998 % | £105,790 | £565,790 |
| 3 Month Average | 24.549 % | £112,924 | £572,924 |
| 6 Month Average | 20.326 % | £93,500 | £553,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £242,102 | £240,000 | 55 MOUNT PLEASANT |
| 11 Mar 2024 | £231,558 | £228,000 | 21 GUERNSEY COURT SPITAL ROAD |
| 4 Sep 2023 | £224,959 | £220,000 | 23 SPITAL ROAD |
| 9 Aug 2023 | £274,959 | £270,000 | 41 MOUNT PLEASANT |
| 25 Nov 2022 | £238,883 | £240,000 | 19 GUERNSEY COURT SPITAL ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Jul 2017. Using an estimated price of £584,817 means this house is valued at £5,677 per sq meter (£527 per sq foot).
The average size of a house on SPITAL ROAD is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hospital |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
| Jul 2024 | Drugs | Formal action is not in the public interest | On or near Hospital |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Hospital |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Hospital |