£364,443
This estimated value is based upon the latest sale price for the house of £295,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Hesper Road
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| Price Paid | Date |
|---|---|
| £295,000 | 1 Oct 2019 |
| £210,000 | 29 Sep 2006 |
| £179,995 | 27 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £295,000 results in an estimated price of approximately £364,443.
| 1 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £295,000 | £69,443 | £364,443 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 15.618 % | £46,073 | £341,073 |
| 3 Month Average | 18.580 % | £54,810 | £349,810 |
| 6 Month Average | 28.882 % | £85,201 | £380,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £148,000 | £148,000 | 10 MARIA COURT HESPER ROAD |
| 14 Sep 2023 | £163,607 | £160,000 | 49 MEACHEN ROAD |
| 4 Sep 2023 | £156,960 | £153,500 | 67 MEACHEN ROAD |
| 22 Jun 2023 | £163,272 | £160,000 | 65 MEACHEN ROAD |
| 6 Apr 2023 | £152,859 | £150,000 | 32 MARIA COURT HESPER ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 20 Sep 2019. Using an estimated price of £364,443 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on HESPER ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hesper Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hesper Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Hesper Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hesper Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hesper Road |