£351,475
This estimated value is based upon the latest sale price for the house of £293,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £293,000 | 6 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £293,000 results in an estimated price of approximately £351,475.
| 6 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £293,000 | £58,475 | £351,475 |
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 | 29.528 % | £86,516 | £379,516 |
| 3 Month Average | 1.681 % | £4,924 | £297,924 |
| 6 Month Average | 0.659 % | £1,929 | £294,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £418,218 | £425,000 | 72 ESSEX ROAD |
| 22 Jun 2022 | £318,225 | £315,000 | 11 GLOUCESTER AVENUE |
| 22 Dec 2021 | £442,826 | £415,000 | 2A VOLWYCKE AVENUE |
| 3 Nov 2021 | £414,702 | £385,000 | 2 VOLWYCKE AVENUE |
| 27 Sep 2021 | £220,015 | £205,000 | 2 COURTLAND MEWS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 Oct 2019. Using an estimated price of £351,475 means this house is valued at £4,624 per sq meter (£429 per sq foot).
The average size of a house on ESSEX ROAD is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambourne Grove |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Courtland Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fambridge Road |