£262,708
This estimated value is based upon the latest sale price for the house of £70,000 on 29 Jun 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £70,000 | 29 Jun 2000 |
| £54,000 | 30 Jan 1998 |
| £46,950 | 28 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 2000 the House Price Index for ESSEX was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £70,000 results in an estimated price of approximately £262,708.
| 29 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £70,000 | £192,708 | £262,708 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 240.723 % | £168,506 | £238,506 |
| 3 Month Average | 276.257 % | £193,379 | £263,379 |
| 6 Month Average | 331.539 % | £232,077 | £302,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £319,592 | £314,000 | 22 ST JOHNS ROAD |
| 17 Nov 2023 | £400,936 | £395,000 | 33 ST JOHNS ROAD |
| 8 Nov 2023 | £175,600 | £173,000 | FLAT 1 BAKERY COURT SHOEBURY ROAD |
| 30 Aug 2023 | £398,486 | £395,000 | 34 ST JOHNS ROAD |
| 24 Jul 2023 | £288,888 | £285,000 | 12 ST JOHNS CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Feb 2021. Using an estimated price of £262,708 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on SHOEBURY ROAD is 87 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near St Johns Close |
| Mar 2024 | Anti-social behaviour | On or near St John'S Road | |
| Mar 2024 | Anti-social behaviour | On or near St John'S Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Cedars |