£288,103
This estimated value is based upon the latest sale price for the house of £270,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 21 Dec 2021 |
| £127,000 | 2 Jun 2003 |
| £23,780 | 16 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £270,000 results in an estimated price of approximately £288,103.
| 21 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £270,000 | £18,103 | £288,103 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 15.690 % | £42,363 | £312,363 |
| 3 Month Average | -11.661 % | £-31,483 | £238,516 |
| 6 Month Average | -3.629 % | £-9,797 | £260,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £352,141 | £350,000 | 154 FAMBRIDGE ROAD |
| 25 Jul 2022 | £474,359 | £475,000 | 202 FAMBRIDGE ROAD |
| 14 Jul 2022 | £404,453 | £405,000 | 3 QUEENS AVENUE |
| 13 Jun 2022 | £545,529 | £540,000 | 105 CROSS ROAD |
| 28 Apr 2022 | £471,795 | £460,000 | WALBY HOUSE MANSE CHASE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Nov 2021. Using an estimated price of £288,104 means this house is valued at £3,471 per sq meter (£322 per sq foot).
The average size of a house on FAMBRIDGE CLOSE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fambridge Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fambridge Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fambridge Close |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Braeburn Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braeburn Drive |