£87,757
This estimated value is based upon the latest sale price for the house of £67,500 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £67,500 | 24 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £67,500 results in an estimated price of approximately £87,757.
| 24 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £67,500 | £20,257 | £87,757 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 24.363 % | £16,445 | £83,945 |
| 3 Month Average | 8.686 % | £5,863 | £73,363 |
| 6 Month Average | 22.825 % | £15,406 | £82,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £182,705 | £180,000 | 38 BRAITHWAITE DRIVE |
| 25 Nov 2021 | £153,575 | £142,000 | 181 TURNER ROAD |
| 28 Sep 2021 | £342,674 | £318,000 | 52 JADE GARDENS |
| 2 Sep 2021 | £123,923 | £115,000 | 125 TURNER ROAD |
| 4 Mar 2021 | £358,978 | £322,500 | 48 JADE GARDENS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 May 2016. Using an estimated price of £87,757 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on STANFORD ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A134 |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near A134 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A134 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A134 |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near A134 |