£357,860
This estimated value is based upon the latest sale price for the house of £286,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £286,000 | 29 Sep 2017 |
| £280,000 | 29 Sep 2017 |
| £280,000 | 30 Sep 2016 |
| £152,000 | 25 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £286,000 results in an estimated price of approximately £357,860.
| 29 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £286,000 | £71,860 | £357,860 |
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 | 25.494 % | £72,912 | £358,912 |
| 3 Month Average | 17.261 % | £49,367 | £335,367 |
| 6 Month Average | 25.788 % | £73,754 | £359,754 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Jun 2012.
The average size of a house on MARGRATEN AVENUE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lottem Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Lottem Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weel Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weel Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Weel Road |