£3,830,015
This estimated value is based upon the latest sale price for the house of £625,000 on 26 Jun 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £625,000 | 26 Jun 2024 |
| £385,000 | 21 Oct 2019 |
| £400,000 | 17 Jun 2019 |
| £325,000 | 30 Oct 2006 |
| £127,000 | 8 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2024 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £625,000 results in an estimated price of approximately £3,830,015.
| 26 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £625,000 | £3,205,015 | £3,830,015 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -29.849 % | £-186,556 | £438,443 |
| 3 Month Average | -4.128 % | £-25,801 | £599,198 |
| 6 Month Average | 10.348 % | £64,673 | £689,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £303,196 | £295,500 | 33 NEWNHAM GREEN |
| 31 Aug 2023 | £504,092 | £495,000 | 21 BEACON HILL |
| 19 Apr 2023 | £290,432 | £285,000 | 28 NEWNHAM GREEN |
| 7 Feb 2023 | £503,362 | £500,000 | 37D LONDON ROAD |
| 13 Jan 2023 | £175,469 | £175,000 | 14 NEWNHAM GREEN |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 2 May 2019.
The average size of a house on BEACON HILL is 142 sq meters (1,535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Beacon Hill |
| Aug 2024 | Drugs | Under investigation | On or near Beacon Hill |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beacon Hill |
| Oct 2024 | Other theft | Under investigation | On or near Newnham Green |