£300,606
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £245,000 results in an estimated price of approximately £300,606.
| 30 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £245,000 | £55,606 | £300,606 |
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 | 10.865 % | £26,619 | £271,619 |
| 3 Month Average | 16.867 % | £41,324 | £286,324 |
| 6 Month Average | 19.235 % | £47,124 | £292,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £388,662 | £385,000 | 9 NEVADA ROAD |
| 12 Aug 2022 | £316,149 | £317,000 | 25 CORONA ROAD |
| 14 Jun 2022 | £275,899 | £272,000 | 8 CORONA ROAD |
| 25 May 2022 | £254,801 | £250,000 | 17 CORONA ROAD |
| 18 Mar 2022 | £492,225 | £475,000 | 27 NEVADA ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Apr 2019. Using an estimated price of £300,606 means this house is valued at £4,233 per sq meter (£393 per sq foot).
The average size of a house on NEVADA ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Corona Road | |
| Feb 2024 | Anti-social behaviour | On or near Corona Road | |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Corona Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |