£381,541
This estimated value is based upon the latest sale price for the house of £187,950 on 27 May 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £187,950 | 27 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2004 the House Price Index for ESSEX was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £187,950 results in an estimated price of approximately £381,541.
| 27 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £187,950 | £193,591 | £381,541 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 131.631 % | £247,399 | £435,349 |
| 3 Month Average | 103.906 % | £195,291 | £383,241 |
| 6 Month Average | 87.350 % | £164,174 | £352,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £324,993 | £320,000 | 51 HOLST AVENUE |
| 15 Dec 2023 | £332,724 | £322,500 | 45 HOLST AVENUE |
| 4 Nov 2022 | £147,361 | £148,050 | 7 BRITTEN CRESCENT |
| 22 Aug 2022 | £368,724 | £367,000 | 32 GERSHWIN BOULEVARD |
| 29 Apr 2022 | £235,495 | £227,000 | 19 HOLST AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Sep 2013. Using an estimated price of £381,541 means this house is valued at £5,373 per sq meter (£499 per sq foot).
The average size of a house on GERSHWIN BOULEVARD is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Mead |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Britten Crescent |
| Apr 2024 | Anti-social behaviour | On or near Britten Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Britten Crescent | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Britten Crescent |