£394,199
This estimated value is based upon the latest sale price for the house of £249,995 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £249,995 | 24 Jan 2014 |
| £245,000 | 3 Jun 2005 |
| 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 January 2014 the House Price Index for ESSEX was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £249,995 results in an estimated price of approximately £394,199.
| 24 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £249,995 | £144,204 | £394,199 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 15.739 % | £39,345 | £289,340 |
| 3 Month Average | 19.876 % | £49,688 | £299,683 |
| 6 Month Average | 47.943 % | £119,853 | £369,848 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 21 Jan 2013.
The average size of a house on MALDON ROAD is 117 sq meters (1,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sparkey Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashby Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scarletts Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Scarletts Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Halfacres |