£622,266
This estimated value is based upon the latest sale price for the house of £500,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £500,000 | 1 Mar 2019 |
| £375,000 | 14 Aug 2017 |
| Detached |
| Freehold |
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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £500,000 results in an estimated price of approximately £622,266.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £500,000 | £122,266 | £622,266 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -3.432 % | £-17,160 | £482,839 |
| 3 Month Average | 18.971 % | £94,857 | £594,857 |
| 6 Month Average | 9.044 % | £45,221 | £545,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £282,453 | £280,000 | 51 HIGH STREET |
| 8 Dec 2023 | £515,799 | £499,950 | 20 WHITEHALL ROAD |
| 10 Nov 2023 | £353,986 | £345,000 | 20 CONWAY AVENUE |
| 25 Aug 2023 | £488,816 | £480,000 | 1 NEWSTEAD ROAD |
| 16 Aug 2023 | £442,990 | £435,000 | 2 WHITEHALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Red Lion Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Lion Court |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Red Lion Court |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |