£245,457
This estimated value is based upon the latest sale price for the house of £53,000 on 16 Oct 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near B1014
More crime details
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| Price Paid | Date |
|---|---|
| £53,000 | 16 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 October 1998 the House Price Index for ESSEX was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £53,000 results in an estimated price of approximately £245,457.
| 16 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £53,000 | £192,457 | £245,457 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 391.257 % | £207,366 | £260,366 |
| 3 Month Average | 385.451 % | £204,288 | £257,288 |
| 6 Month Average | 404.706 % | £214,494 | £267,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £291,531 | £288,000 | 12 CENTRAL WALL ROAD |
| 28 Apr 2023 | £266,873 | £264,000 | 9 LILAC AVENUE |
| 6 Apr 2023 | £288,102 | £285,000 | 36 WAALWYK DRIVE |
| 24 Jun 2022 | £360,089 | £355,000 | 25A LILAC AVENUE |
| 11 Feb 2022 | £382,773 | £365,000 | 58A CENTRAL WALL ROAD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 22 May 2014. Using an estimated price of £245,457 means this house is valued at £1,239 per sq meter (£115 per sq foot).
The average size of a house on CENTRAL WALL ROAD is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B1014 |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near B1014 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near B1014 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knightswick Road |
| Mar 2024 | Other theft | Under investigation | On or near Knightswick Road |