£793,010
This estimated value is based upon the latest sale price for the house of £775,000 on 9 Feb 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £775,000 | 9 Feb 2024 |
| £270,000 | 24 Jul 2007 |
| £190,000 | 18 May 2006 |
| Detached |
| Freehold |
| Floor Area: 228 sq meters or 2,461 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 February 2024 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £775,000 results in an estimated price of approximately £793,010.
| 9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £775,000 | £18,010 | £793,010 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 28.755 % | £222,849 | £997,849 |
| 3 Month Average | 28.287 % | £219,225 | £994,225 |
| 6 Month Average | 18.089 % | £140,192 | £915,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £368,156 | £362,500 | 29 MAYFLOWER DRIVE |
| 30 Nov 2023 | £505,327 | £492,500 | 37 MAYFLOWER DRIVE |
| 10 Mar 2023 | £620,360 | £610,000 | 5 MEMORY CLOSE |
| 19 Aug 2022 | £634,216 | £631,250 | 6 RANDOLPH CLOSE |
| 4 Feb 2022 | £427,865 | £405,000 | 9 LINCOLN WAY |
This house has a floor area of 228 sq meters or 2,461 sq feet when measured on 20 Oct 2011.
The average size of a house on FAMBRIDGE ROAD is 112 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Defiant Drive |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Defiant Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meteor Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meteor Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meteor Drive |