£253,521
This estimated value is based upon the latest sale price for the house of £195,000 on 13 Feb 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£195,000 | 13 Feb 2017 |
Detached |
Freehold |
Floor Area: 36 sq meters or 387 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 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £195,000 results in an estimated price of approximately £253,521.
13 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £195,000 | £58,521 | £253,521 |
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 | 32.673 % | £63,712 | £258,712 |
3 Month Average | 22.994 % | £44,837 | £239,837 |
6 Month Average | 36.434 % | £71,045 | £266,045 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £264,630 | £260,000 | 17 SPANBEEK ROAD |
5 Sep 2023 | £379,857 | £375,000 | 3 MILTSIN AVENUE |
11 Apr 2022 | £334,685 | £325,000 | 20 MEYEL AVENUE |
8 Feb 2022 | £301,500 | £287,500 | 3 CASSEL AVENUE |
15 Dec 2021 | £264,094 | £246,500 | 42 CASSEL AVENUE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 16 Nov 2016. Using an estimated price of £253,521 means this house is valued at £7,042 per sq meter (£654 per sq foot).
The average size of a house on CASSEL AVENUE is 78 sq meters (839 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dovervelt Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dovervelt Road |
Feb 2024 | Anti-social behaviour | On or near Cassel Avenue | |
Feb 2024 | Anti-social behaviour | On or near Cassel Avenue | |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Cassel Avenue |