£342,022
This estimated value is based upon the latest sale price for the house of £255,000 on 8 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £255,000 | 8 Aug 2016 |
| £180,000 | 6 May 2015 |
| £150,000 | 11 Dec 2006 |
| £130,000 | 18 Oct 2005 |
| £74,000 | 19 Dec 2000 |
| £49,500 | 28 Aug 1997 |
| £40,000 | 12 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £255,000 results in an estimated price of approximately £342,022.
| 8 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £255,000 | £87,022 | £342,022 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | -6.306 % | £-16,080 | £238,919 |
| 3 Month Average | -6.170 % | £-15,734 | £239,265 |
| 6 Month Average | 3.850 % | £9,816 | £264,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £242,853 | £237,500 | 46 ROSE VALLEY |
| 31 Aug 2023 | £274,959 | £270,000 | FLAT 6 29 ROSE VALLEY |
| 30 Nov 2022 | £363,301 | £365,000 | FLAT 8 29 ROSE VALLEY |
| 26 Oct 2022 | £204,318 | £205,000 | FLAT 15 CORNSLAND COURT ROSE VALLEY |
| 6 Jul 2022 | £580,820 | £575,000 | 13 CORNSLAND |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 13 Jun 2019. Using an estimated price of £342,022 means this house is valued at £6,980 per sq meter (£648 per sq foot).
The average size of a house on ROSE VALLEY is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rose Valley |
| Aug 2024 | Anti-social behaviour | On or near Rose Valley | |
| Aug 2024 | Anti-social behaviour | On or near Rose Valley | |
| Jul 2024 | Anti-social behaviour | On or near Rose Valley | |
| Jul 2024 | Anti-social behaviour | On or near Rose Valley |