£309,889
This estimated value is based upon the latest sale price for the house of £227,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £227,000 | 12 Feb 2016 |
| £142,000 | 4 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £227,000 results in an estimated price of approximately £309,889.
| 12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £227,000 | £82,889 | £309,889 |
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 | 31.871 % | £72,347 | £299,347 |
| 3 Month Average | 33.566 % | £76,195 | £303,195 |
| 6 Month Average | 42.598 % | £96,698 | £323,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jan 2023 | £368,265 | £370,000 | 2 SUSSEX WAY |
| 19 Jan 2023 | £323,476 | £325,000 | 24 SUSSEX WAY |
| 5 Aug 2022 | £327,119 | £328,000 | 157 HILTON ROAD |
| 27 Jun 2022 | £299,229 | £295,000 | 37 SUSSEX WAY |
| 29 Mar 2022 | £170,983 | £165,000 | FLAT 19 THE ASHLEIGHS SANDERS ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Aug 2015. Using an estimated price of £309,889 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on HILTON ROAD is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hilton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilton Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Hilton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bradley Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Briarswood |