£360,689
This estimated value is based upon the latest sale price for the house of £305,000 on 1 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £305,000 | 1 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £305,000 results in an estimated price of approximately £360,689.
| 1 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £305,000 | £55,689 | £360,689 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -21.919 % | £-66,853 | £238,146 |
| 3 Month Average | 13.892 % | £42,371 | £347,371 |
| 6 Month Average | 0.082 % | £249 | £305,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £433,220 | £430,000 | 39 SHETLAND CRESCENT |
| 14 Apr 2022 | £574,359 | £560,000 | HAKUNA MATATA, 132 RECTORY AVENUE |
| 11 Jan 2022 | £655,099 | £625,000 | 171 RECTORY AVENUE |
| 30 Sep 2021 | £558,086 | £520,000 | 26 MINTON HEIGHTS |
| 27 Sep 2021 | £432,516 | £403,000 | 4 MINTON HEIGHTS |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 15 Oct 2019. Using an estimated price of £360,689 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on ALBERT ROAD is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Edward Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Edward Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alexandra Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newhall |