£730,101
This estimated value is based upon the latest sale price for the house of £575,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £575,000 | 31 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £575,000 results in an estimated price of approximately £730,101.
| 31 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £575,000 | £155,101 | £730,101 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -23.100 % | £-132,824 | £442,175 |
| 3 Month Average | 15.466 % | £88,927 | £663,927 |
| 6 Month Average | 16.699 % | £96,019 | £671,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £326,171 | £320,000 | 18 MAGNOLIA ROAD |
| 31 Jul 2023 | £378,581 | £375,000 | 77 RECTORY AVENUE |
| 31 Jul 2023 | £706,685 | £700,000 | 6 LINCOLN ROAD |
| 17 Mar 2023 | £432,337 | £430,000 | 12 MAGNOLIA ROAD |
| 29 Jul 2022 | £499,325 | £500,000 | 2 REYNOLDS GARDENS |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 22 Jul 2016. Using an estimated price of £730,101 means this house is valued at £5,448 per sq meter (£506 per sq foot).
There is one other house on the street which we know the size of, this is BALNABREICH LINCOLN ROAD it is 79.45
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Road |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road |