£248,145
This estimated value is based upon the latest sale price for the house of £157,000 on 31 Aug 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Jubilee House, 3 The Drive, Great Warley, Brentwood, CM13 3FR
Phone: 01277576563
| Price Paid | Date |
|---|---|
| £157,000 | 31 Aug 2007 |
| £141,000 | 28 Feb 2005 |
| £135,000 | 30 Nov 2004 |
| £127,500 | 31 Jan 2003 |
| £108,000 | 5 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 August 2007 the House Price Index for ESSEX was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £157,000 results in an estimated price of approximately £248,145.
| 31 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £157,000 | £91,145 | £248,145 |
The Postcode Pricing Model uses changes in average sales price within the CM14 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 | 46.352 % | £72,772 | £229,772 |
| 3 Month Average | 46.636 % | £73,218 | £230,218 |
| 6 Month Average | 58.788 % | £92,297 | £249,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £258,979 | £255,000 | 7 SANDERS COURT JUNCTION ROAD |
| 5 Mar 2024 | £36,562 | £36,000 | FLAT 1 HALFHIDES JUNCTION ROAD |
| 5 Mar 2024 | £116,794 | £115,000 | 1 CLUFF COURT JUNCTION ROAD |
| 30 Oct 2023 | £276,275 | £270,000 | 3 CRAVEN GATE LORNE ROAD |
| 30 Oct 2023 | £186,741 | £182,500 | 22 SANDERS COURT JUNCTION ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 7 Dec 2020. Using an estimated price of £248,145 means this house is valued at £6,052 per sq meter (£562 per sq foot).
The average size of a house on JUNCTION ROAD is 22 sq meters (244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Lorne Road | |
| Aug 2024 | Anti-social behaviour | On or near Lorne Road | |
| Aug 2024 | Anti-social behaviour | On or near Lorne Road | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Lorne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penny Fields |