£207,381
This estimated value is based upon the latest sale price for the house of £177,500 on 14 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £177,500 | 14 Oct 2020 |
| £175,000 | 3 Aug 2018 |
| £130,000 | 6 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £177,500 results in an estimated price of approximately £207,381.
| 14 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £177,500 | £29,881 | £207,381 |
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 | 26.869 % | £47,691 | £225,191 |
| 3 Month Average | 12.153 % | £21,571 | £199,071 |
| 6 Month Average | 14.080 % | £24,992 | £202,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £249,517 | £248,000 | 6 ROSECROFT CLOSE |
| 21 Mar 2023 | £256,386 | £255,000 | 60 NORTH ROAD |
| 5 Aug 2022 | £248,322 | £250,000 | 46 HAWTHORN ROAD |
| 7 Mar 2022 | £271,437 | £263,000 | 101 NORTH ROAD |
| 4 Mar 2022 | £288,982 | £280,000 | 90 NORTH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Jul 2020. Using an estimated price of £207,382 means this house is valued at £3,005 per sq meter (£279 per sq foot).
The average size of a house on ELM GROVE is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near North Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Apr 2024 | Drugs | Under investigation | On or near Elm Grove |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Grove |
| Mar 2024 | Theft from the person | Under investigation | On or near Elm Grove |