£751,096
This estimated value is based upon the latest sale price for the house of £595,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £595,000 | 29 Sep 2017 |
| £245,000 | 30 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.235%.Applying this 26.235% change to the original purchase price of £595,000 results in an estimated price of approximately £751,096.
| 29 Sep 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.0 | 26.235 % | £595,000 | £156,096 | £751,096 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -67.840 % | £-403,645 | £191,354 |
| 3 Month Average | 2.024 % | £12,043 | £607,043 |
| 6 Month Average | 11.129 % | £66,216 | £661,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £782,644 | £780,000 | 22 GLENCROFTS |
| 9 Aug 2023 | £452,753 | £450,000 | 51 BROAD WALK |
| 28 Jul 2023 | £349,304 | £346,000 | 51 SOUTHVIEW ROAD |
| 28 Jul 2023 | £878,308 | £870,000 | 39 GLENCROFTS |
| 27 Mar 2023 | £487,636 | £485,000 | 18 CHESTNUT CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 28 Jun 2017. Using an estimated price of £751,097 means this house is valued at £6,106 per sq meter (£567 per sq foot).
The average size of a house on BROAD WALK is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Walk |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near White Hart Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Walk |