£354,012
This estimated value is based upon the latest sale price for the house of £280,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 19 Jan 2018 |
| £145,000 | 8 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £280,000 results in an estimated price of approximately £354,012.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £280,000 | £74,012 | £354,012 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 4.047 % | £11,331 | £291,331 |
| 3 Month Average | 8.362 % | £23,412 | £303,412 |
| 6 Month Average | 1.717 % | £4,806 | £284,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2024 | £350,000 | £350,000 | 17 TYLNEY AVENUE |
| 19 Dec 2023 | £397,205 | £385,000 | 59 ROCHFORD GARDEN WAY |
| 14 Dec 2023 | £368,834 | £357,500 | 68 SOMERSET AVENUE |
| 26 Sep 2023 | £299,093 | £292,500 | 73 SOMERSET AVENUE |
| 15 Jun 2023 | £331,646 | £325,000 | 3 TYLNEY AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 Mar 2017. Using an estimated price of £354,013 means this house is valued at £5,206 per sq meter (£483 per sq foot).
The average size of a house on SOMERSET AVENUE is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Rochford Garden Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rochford Garden Way |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Dalys Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Dalys Road |
| Oct 2024 | Other theft | Under investigation | On or near Dalys Road |