£567,337
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 30 Oct 2009 |
| £310,000 | 17 Nov 2006 |
| £190,000 | 24 Oct 2003 |
| £175,000 | 16 Dec 2002 |
| £91,000 | 12 May 1995 |
| Detached |
| Freehold |
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 October 2009 the House Price Index for ESSEX was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £320,000 results in an estimated price of approximately £567,337.
| 30 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £320,000 | £247,337 | £567,337 |
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 | 8.307 % | £26,581 | £346,581 |
| 3 Month Average | 93.388 % | £298,842 | £618,842 |
| 6 Month Average | 74.479 % | £238,332 | £558,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £464,266 | £450,000 | 32 VICTORIA ROAD |
| 27 Sep 2023 | £368,115 | £360,000 | 49 VICTORIA ROAD |
| 26 Jan 2023 | £419,120 | £418,000 | 65 VICTORIA ROAD |
| 25 Oct 2022 | £488,369 | £490,000 | 46 VICTORIA ROAD |
| 1 Jul 2022 | £333,340 | £330,000 | 15 CHELMER TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Downs Road |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Downs Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Downs Road |
| Jul 2024 | Other theft | Under investigation | On or near Victoria Road |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |