£266,501
This estimated value is based upon the latest sale price for the house of £208,000 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £208,000 | 16 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 42 sq meters or 452 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 June 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £208,000 results in an estimated price of approximately £266,501.
| 16 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £208,000 | £58,501 | £266,501 |
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 | 20.734 % | £43,126 | £251,126 |
| 3 Month Average | 24.650 % | £51,272 | £259,272 |
| 6 Month Average | 27.202 % | £56,579 | £264,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £320,610 | £315,000 | 2A WITTEM ROAD |
| 8 Dec 2023 | £264,630 | £260,000 | 17 SPANBEEK ROAD |
| 21 Jul 2023 | £266,588 | £263,000 | 11 HELDEN AVENUE |
| 7 Jul 2023 | £314,229 | £310,000 | 10 HELDEN AVENUE |
| 19 Jun 2023 | £253,065 | £250,000 | 12 HELDEN AVENUE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 5 Aug 2016. Using an estimated price of £266,501 means this house is valued at £6,345 per sq meter (£589 per sq foot).
The average size of a house on MEYEL AVENUE is 89 sq meters (962 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| 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 |