£91,840
This estimated value is based upon the latest sale price for the house of £90,000 on 6 Jun 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £90,000 | 6 Jun 2023 |
| £60,000 | 30 Jun 2015 |
| £29,000 | 28 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 June 2023 the House Price Index for ESSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £90,000 results in an estimated price of approximately £91,840.
| 6 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £90,000 | £1,840 | £91,840 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 56.508 % | £50,857 | £140,857 |
| 3 Month Average | 6.240 % | £5,615 | £95,615 |
| 6 Month Average | -0.656 % | £-590 | £89,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £200,000 | £200,000 | 56 HAYES ROAD |
| 28 Mar 2024 | £135,415 | £133,334 | FLAT 2 DORSET HOUSE, 26 WELLESLEY ROAD |
| 20 Oct 2023 | £281,391 | £275,000 | 22 HAYES ROAD |
| 19 Oct 2023 | £136,433 | £133,334 | FLAT 1 DORSET HOUSE, 26 WELLESLEY ROAD |
| 30 Jun 2023 | £136,061 | £133,334 | FLAT 3 DORSET HOUSE, 26 WELLESLEY ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 27 May 2021. Using an estimated price of £91,840 means this house is valued at £2,040 per sq meter (£189 per sq foot).
The average size of a house on HAYES ROAD is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Hayes Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hayes Road |
| Sep 2024 | Other theft | Under investigation | On or near Hayes Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayes Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hayes Road |