£321,003
This estimated value is based upon the latest sale price for the house of £200,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 6 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £200,000 results in an estimated price of approximately £321,003.
| 6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £200,000 | £121,003 | £321,003 |
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 | 15.718 % | £31,436 | £231,436 |
| 3 Month Average | 29.096 % | £58,192 | £258,192 |
| 6 Month Average | 45.626 % | £91,251 | £291,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £398,486 | £395,000 | 44 ESSEX ROAD |
| 5 Aug 2022 | £398,926 | £400,000 | 54 DORSET ROAD |
| 24 Sep 2021 | £571,124 | £530,000 | 2A KEEBLE PARK |
| 16 Dec 2020 | £671,412 | £585,000 | 10 AVELEY WAY |
| 10 Dec 2020 | £533,687 | £465,000 | 1 BELVEDERE COURT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Aug 2013. Using an estimated price of £321,004 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on DORSET ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Essex Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |