£480,693
This estimated value is based upon the latest sale price for the house of £390,000 on 11 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 11 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £390,000 results in an estimated price of approximately £480,693.
| 11 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £390,000 | £90,693 | £480,693 |
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 | -34.106 % | £-133,014 | £256,985 |
| 3 Month Average | 19.577 % | £76,351 | £466,351 |
| 6 Month Average | 4.135 % | £16,128 | £406,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £507,656 | £498,500 | 108 WASHINGTON ROAD |
| 13 Mar 2023 | £294,925 | £290,000 | 84 NORFOLK ROAD |
| 24 Feb 2023 | £568,800 | £565,000 | 119A WASHINGTON ROAD |
| 14 Oct 2022 | £897,004 | £900,000 | UNIT 1 WEST STATION BUSINESS PARK SPITAL ROAD |
| 21 Jul 2022 | £522,233 | £517,000 | 137 WASHINGTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Mar 2019. Using an estimated price of £480,693 means this house is valued at £5,722 per sq meter (£531 per sq foot).
The average size of a house on LONGSHIP WAY is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Markland Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Markland Drive |
| Jul 2024 | Other crime | Under investigation | On or near Markland Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near West Station Yard |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near West Station Yard |