£352,296
This estimated value is based upon the latest sale price for the house of £74,950 on 24 Aug 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cambridge Road
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| Price Paid | Date |
|---|---|
| £74,950 | 24 Aug 1998 |
| £40,000 | 2 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 1998 the House Price Index for ESSEX was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £74,950 results in an estimated price of approximately £352,296.
| 24 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £74,950 | £277,346 | £352,296 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 316.083 % | £236,904 | £311,854 |
| 3 Month Average | 310.213 % | £232,504 | £307,454 |
| 6 Month Average | 331.686 % | £248,598 | £323,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £405,000 | £405,000 | 4 QUEENS ROAD |
| 17 Aug 2023 | £1,013,275 | £995,000 | 23 IRETON ROAD |
| 22 Mar 2023 | £818,672 | £805,000 | 10 CAMBRIDGE ROAD |
| 16 Feb 2023 | £850,683 | £845,000 | 3 VICTORIA ROAD |
| 19 Aug 2022 | £738,453 | £735,000 | 26 VICTORIA ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Oct 2014. Using an estimated price of £352,296 means this house is valued at £4,635 per sq meter (£430 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 166 sq meters (1,793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Cambridge Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Ireton Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Christ Church Court |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Inglis Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |