£254,001
This estimated value is based upon the latest sale price for the house of £140,950 on 11 Dec 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,950 | 11 Dec 2005 |
| £61,500 | 9 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 December 2005 the House Price Index for ESSEX was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £140,950 results in an estimated price of approximately £254,001.
| 11 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £140,950 | £113,051 | £254,001 |
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 | 97.577 % | £137,534 | £278,484 |
| 3 Month Average | 89.201 % | £125,728 | £266,678 |
| 6 Month Average | 96.505 % | £136,023 | £276,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £330,788 | £325,000 | 70 PAARL ROAD |
| 22 Aug 2023 | £368,221 | £365,000 | 59 THELMA AVENUE |
| 21 Aug 2023 | £353,089 | £350,000 | 72 PAARL ROAD |
| 21 Feb 2023 | £364,755 | £365,000 | 71 THELMA AVENUE |
| 6 Jan 2023 | £348,359 | £350,000 | 64 THELMA AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 17 Oct 2008. Using an estimated price of £254,002 means this house is valued at £5,080 per sq meter (£471 per sq foot).
The average size of a house on WAAREM AVENUE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thelma Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Roosevel Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waarem Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Fairlop Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Fairlop Avenue |