£554,817
This estimated value is based upon the latest sale price for the house of £460,000 on 4 Jun 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £460,000 | 4 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £460,000 results in an estimated price of approximately £554,817.
| 4 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £460,000 | £94,817 | £554,817 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 2.231 % | £10,260 | £470,260 |
| 3 Month Average | 21.580 % | £99,267 | £559,267 |
| 6 Month Average | 9.691 % | £44,580 | £504,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £302,246 | £300,000 | 13 HUGH DICKSON ROAD |
| 28 Mar 2023 | £281,522 | £280,000 | 9 PRIOR WAY |
| 27 Mar 2023 | £356,929 | £355,000 | 95 MILE END ROAD |
| 6 Feb 2023 | £184,129 | £185,000 | 24 RECTORY CLOSE |
| 30 Oct 2022 | £364,581 | £370,000 | 203 MILE END ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 25 Oct 2013. Using an estimated price of £554,818 means this house is valued at £4,300 per sq meter (£399 per sq foot).
The average size of a house on MILE END ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Hutley Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wedgewood Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wedgewood Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wedgewood Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wedgewood Drive |