£377,107
This estimated value is based upon the latest sale price for the house of £245,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2nd Floor Romy House, 163-167 Kings Road, Brentwood, CM14 4EG
Phone: 01375318848
| Price Paid | Date |
|---|---|
| £245,000 | 4 Jul 2014 |
| £248,500 | 17 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 660 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 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £245,000 results in an estimated price of approximately £377,107.
| 4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £245,000 | £132,107 | £377,107 |
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 | 29.574 % | £72,456 | £317,456 |
| 3 Month Average | 43.609 % | £106,841 | £351,841 |
| 6 Month Average | 48.953 % | £119,934 | £364,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £320,786 | £315,000 | FLAT 36 ADLINGTON HOUSE ROLLASON WAY |
| 5 Jan 2023 | £310,831 | £310,000 | FLAT 24 RADCLIFFE HOUSE ROLLASON WAY |
| 11 Nov 2022 | £298,604 | £300,000 | 11 BROOKING HOUSE ROLLASON WAY |
| 4 Nov 2022 | £318,511 | £320,000 | 15 BROOKING HOUSE ROLLASON WAY |
| 30 Sep 2022 | £284,810 | £285,000 | 52 BROOKING HOUSE ROLLASON WAY |
This house has a floor area of 61 sq meters or 660 sq feet when measured on 5 May 2009. Using an estimated price of £377,108 means this house is valued at £6,141 per sq meter (£570 per sq foot).
The average size of a house on ROLLASON WAY is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Rollason Way |
| Aug 2024 | Anti-social behaviour | On or near Rollason Way | |
| Aug 2024 | Anti-social behaviour | On or near Rollason Way | |
| Aug 2024 | Anti-social behaviour | On or near Rollason Way | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rollason Way |