£354,776
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 25 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £300,000 results in an estimated price of approximately £354,776.
| 25 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £300,000 | £54,776 | £354,776 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -34.944 % | £-104,832 | £195,167 |
| 3 Month Average | 6.620 % | £19,861 | £319,861 |
| 6 Month Average | 13.099 % | £39,297 | £339,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2022 | £306,102 | £303,000 | 7 OAKLANDS PARSONS HEATH |
| 1 Jun 2022 | £303,072 | £300,000 | 22 ST JOHNS ROAD |
| 14 Apr 2022 | £288,205 | £281,000 | 41A ST JOHNS ROAD |
| 11 Mar 2022 | £316,332 | £306,500 | 5 OAKLANDS PARSONS HEATH |
| 11 Feb 2022 | £391,673 | £375,000 | 8 ST JOHNS ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 7 Jul 2020. Using an estimated price of £354,776 means this house is valued at £3,620 per sq meter (£336 per sq foot).
The average size of a house on PARSONS HEATH is 119 sq meters (1,287 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands |
| Apr 2024 | Burglary | Under investigation | On or near Eldon Close |
| Feb 2024 | Anti-social behaviour | On or near Roach Vale | |
| Feb 2024 | Anti-social behaviour | On or near Roach Vale | |
| Feb 2024 | Anti-social behaviour | On or near Roach Vale |