£290,776
This estimated value is based upon the latest sale price for the house of £290,000 on 17 Jan 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 17 Jan 2023 |
| £257,000 | 26 Sep 2016 |
| £178,500 | 17 Feb 2014 |
| £147,500 | 12 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £290,000 results in an estimated price of approximately £290,776.
| 17 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £290,000 | £776 | £290,776 |
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 | -32.176 % | £-93,309 | £196,690 |
| 3 Month Average | 17.192 % | £49,856 | £339,856 |
| 6 Month Average | 3.162 % | £9,169 | £299,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £301,856 | £295,000 | 57 NORFOLK ROAD |
| 2 Aug 2023 | £507,656 | £498,500 | 108 WASHINGTON ROAD |
| 27 Apr 2023 | £285,337 | £280,000 | 83 NORFOLK ROAD |
| 13 Mar 2023 | £294,925 | £290,000 | 84 NORFOLK ROAD |
| 24 Feb 2023 | £568,800 | £565,000 | 119A WASHINGTON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 7 Jan 2014. Using an estimated price of £290,777 means this house is valued at £4,689 per sq meter (£435 per sq foot).
The average size of a house on NORFOLK ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Markland Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Markland Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Markland Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near West Station Yard |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near West Station Yard |