£846,436
This estimated value is based upon the latest sale price for the house of £300,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 26 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 2002 the House Price Index for ESSEX was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £300,000 results in an estimated price of approximately £846,436.
| 26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £300,000 | £546,436 | £846,436 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 120.048 % | £360,143 | £660,143 |
| 3 Month Average | 131.291 % | £393,872 | £693,872 |
| 6 Month Average | 142.121 % | £426,363 | £726,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £252,767 | £245,000 | 5 ORCHARD COURT SUSSEX ROAD |
| 2 Jun 2023 | £500,020 | £490,000 | 1 SUSSEX ROAD |
| 22 Mar 2023 | £193,735 | £190,500 | 1 ORCHARD COURT SUSSEX ROAD |
| 26 Aug 2022 | £552,584 | £550,000 | 63 LEXDEN ROAD |
| 28 Feb 2022 | £230,308 | £218,000 | 3 DELLA COURT |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 18 Apr 2016. Using an estimated price of £846,436 means this house is valued at £5,642 per sq meter (£524 per sq foot).
The average size of a house on LEXDEN ROAD is 144 sq meters (1,551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Under investigation | On or near West Lodge Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvanus Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Nov 2024 | Burglary | Under investigation | On or near New Kiln Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near New Kiln Road |