£806,712
This estimated value is based upon the latest sale price for the house of £625,000 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £625,000 | 9 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £625,000 results in an estimated price of approximately £806,712.
| 9 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £625,000 | £181,712 | £806,712 |
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 | 44.165 % | £276,031 | £901,031 |
| 3 Month Average | 31.656 % | £197,850 | £822,850 |
| 6 Month Average | 26.245 % | £164,033 | £789,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £368,156 | £362,500 | 29 MAYFLOWER DRIVE |
| 30 Nov 2023 | £505,327 | £492,500 | 37 MAYFLOWER DRIVE |
| 10 Mar 2023 | £620,360 | £610,000 | 5 MEMORY CLOSE |
| 19 Aug 2022 | £634,216 | £631,250 | 6 RANDOLPH CLOSE |
| 4 Feb 2022 | £427,865 | £405,000 | 9 LINCOLN WAY |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 5 Nov 2014. Using an estimated price of £806,712 means this house is valued at £5,010 per sq meter (£465 per sq foot).
The average size of a house on FAMBRIDGE ROAD is 112 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Defiant Drive |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Defiant Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meteor Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meteor Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meteor Drive |