£577,399
This estimated value is based upon the latest sale price for the house of £472,500 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £472,500 | 20 Sep 2019 |
| £236,300 | 2 Mar 2004 |
| £160,000 | 30 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £472,500 results in an estimated price of approximately £577,399.
| 20 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £472,500 | £104,899 | £577,399 |
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 | -29.804 % | £-140,822 | £331,677 |
| 3 Month Average | -13.257 % | £-62,638 | £409,861 |
| 6 Month Average | -2.371 % | £-11,202 | £461,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £433,220 | £430,000 | 39 SHETLAND CRESCENT |
| 17 Mar 2023 | £462,500 | £460,000 | 40 ALEXANDRA ROAD |
| 17 Feb 2023 | £376,221 | £378,000 | 27 ALEXANDRA ROAD |
| 5 Jan 2023 | £262,693 | £265,000 | 82A ALEXANDRA ROAD |
| 21 Mar 2022 | £474,756 | £460,000 | 1 ALBERT ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 28 Jun 2019. Using an estimated price of £577,400 means this house is valued at £4,546 per sq meter (£422 per sq foot).
The average size of a house on ALEXANDRA ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alexandra Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near York Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near York Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near York Road |