£241,613
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 17 Feb 2023 |
| £130,000 | 16 Dec 2003 |
| £57,500 | 27 Mar 1998 |
| 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £240,000 results in an estimated price of approximately £241,613.
| 17 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £240,000 | £1,613 | £241,613 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -1.219 % | £-2,925 | £237,074 |
| 3 Month Average | -0.708 % | £-1,699 | £238,300 |
| 6 Month Average | 1.947 % | £4,671 | £244,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £292,423 | £285,000 | 28 SPARKEY CLOSE |
| 13 Nov 2023 | £287,293 | £280,000 | 61 ASHBY ROAD |
| 12 Oct 2023 | £281,391 | £275,000 | 33 ASHBY ROAD |
| 17 Feb 2023 | £241,614 | £240,000 | 7 ASHBY ROAD |
| 10 Jan 2023 | £330,884 | £330,000 | 23 ASHBY ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 28 Feb 2017. Using an estimated price of £241,614 means this house is valued at £3,897 per sq meter (£362 per sq foot).
The average size of a house on ASHBY ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Graces Close |
| Oct 2024 | Public order | Under investigation | On or near Graces Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Graces Close |
| Oct 2024 | Public order | Under investigation | On or near Lifchild Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lifchild Close |