£319,597
This estimated value is based upon the latest sale price for the house of £256,000 on 4 Jul 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £256,000 | 4 Jul 2018 |
| £184,000 | 6 Aug 2015 |
| £136,000 | 6 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £256,000 results in an estimated price of approximately £319,597.
| 4 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £256,000 | £63,597 | £319,597 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 33.814 % | £86,564 | £342,564 |
| 3 Month Average | 8.966 % | £22,952 | £278,952 |
| 6 Month Average | 8.437 % | £21,599 | £277,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £319,828 | £310,000 | 11 BREWERY DRIVE |
| 17 Nov 2023 | £169,810 | £165,500 | 6 ROUNDACRE |
| 25 Sep 2023 | £323,123 | £316,000 | 1 ST JAMES CLOSE |
| 21 Sep 2023 | £296,537 | £290,000 | 42 RONALD ROAD |
| 19 Jun 2023 | £290,828 | £285,000 | 13 HOLMES ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Mar 2018. Using an estimated price of £319,598 means this house is valued at £3,473 per sq meter (£322 per sq foot).
The average size of a house on RONALD ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ronald Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St James Close |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Lock Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parker Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parker Way |