£202,610
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 14 Jul 2021 |
| £44,000 | 14 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 July 2021 the House Price Index for ESSEX was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £175,000 results in an estimated price of approximately £202,610.
| 14 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £175,000 | £27,610 | £202,610 |
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 | -34.701 % | £-60,726 | £114,273 |
| 3 Month Average | -0.940 % | £-1,644 | £173,355 |
| 6 Month Average | -17.504 % | £-30,632 | £144,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £337,935 | £335,000 | 171 ROCHFORD GARDEN WAY |
| 1 Dec 2023 | £221,816 | £215,000 | 86 ASHINGDON ROAD |
| 15 Jun 2023 | £331,646 | £325,000 | 3 TYLNEY AVENUE |
| 28 Apr 2023 | £305,718 | £300,000 | 6 TYLNEY AVENUE |
| 14 Apr 2023 | £306,737 | £301,000 | 25 TYLNEY AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Aug 2014. Using an estimated price of £202,610 means this house is valued at £3,376 per sq meter (£313 per sq foot).
The average size of a house on ROCHFORD GARDEN WAY is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Avenue |
| Jun 2024 | Possession of weapons | Local resolution | On or near Ormonde Avenue |
| May 2024 | Anti-social behaviour | On or near Ormonde Avenue | |
| May 2024 | Anti-social behaviour | On or near Ormonde Avenue | |
| May 2024 | Anti-social behaviour | On or near Ormonde Avenue |