£143,887
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £120,000 | 14 Aug 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £120,000 results in an estimated price of approximately £143,887.
| 14 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £120,000 | £23,887 | £143,887 |
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 | -8.928 % | £-10,713 | £109,286 |
| 3 Month Average | -1.294 % | £-1,552 | £118,447 |
| 6 Month Average | -0.031 % | £-36 | £119,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £397,855 | £392,500 | 63 ROCHFORD GARDEN WAY |
| 31 Jan 2023 | £378,218 | £380,000 | 65 THE DRIVE |
| 29 Apr 2022 | £329,536 | £320,000 | 78 THE DRIVE |
| 1 Apr 2022 | £267,748 | £260,000 | 29 ROCHFORD GARDEN WAY |
| 10 Mar 2022 | £323,832 | £312,500 | 47 THE DRIVE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 2 May 2019. Using an estimated price of £143,888 means this house is valued at £3,509 per sq meter (£326 per sq foot).
The average size of a house on THE DRIVE is 94 sq meters (1,019 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near The Boulevard |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Boulevard |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Boulevard |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Boulevard |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Boulevard |