£392,046
This estimated value is based upon the latest sale price for the house of £380,000 on 11 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £380,000 | 11 Dec 2023 |
| £300,000 | 31 Jan 2020 |
| £215,000 | 28 May 2008 |
| £188,000 | 12 Aug 2005 |
| £93,500 | 21 Jan 2000 |
| £74,250 | 8 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £380,000 results in an estimated price of approximately £392,046.
| 11 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £380,000 | £12,046 | £392,046 |
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 | 207.523 % | £788,588 | £1,168,588 |
| 3 Month Average | 36.261 % | £137,792 | £517,792 |
| 6 Month Average | -3.689 % | £-14,017 | £365,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £392,047 | £380,000 | 7 SPINDLE BEAMS |
| 21 Oct 2022 | £363,785 | £365,000 | 24 MILLVIEW MEADOWS |
| 29 Jul 2022 | £121,215 | £120,000 | 15 GRESTED COURT EAST STREET |
| 22 Jul 2022 | £383,846 | £380,000 | 15 BRAYERS MEWS |
| 22 Jul 2022 | £545,466 | £540,000 | 14 THE TRUNNIONS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Aug 2019. Using an estimated price of £392,047 means this house is valued at £4,723 per sq meter (£438 per sq foot).
The average size of a house on SPINDLE BEAMS is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millview Meadows |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lever Lane |
| May 2024 | Other crime | Under investigation | On or near Lever Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Street |
| Apr 2024 | Anti-social behaviour | On or near South Street |