£347,729
This estimated value is based upon the latest sale price for the house of £290,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 14 Aug 2020 |
| £179,995 | 17 Oct 2002 |
| £86,995 | 5 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £290,000 results in an estimated price of approximately £347,729.
| 14 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £290,000 | £57,729 | £347,729 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 9.807 % | £28,441 | £318,441 |
| 3 Month Average | 13.598 % | £39,435 | £329,435 |
| 6 Month Average | 15.685 % | £45,485 | £335,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £144,641 | £142,500 | FLAT 2 AQUILINE HOUSE WEYMOUTH CLOSE |
| 15 Sep 2023 | £137,761 | £136,000 | FLAT 1 AQUILINE HOUSE WEYMOUTH CLOSE |
| 23 Jun 2023 | £390,227 | £385,500 | 26 PEVENSEY DRIVE |
| 27 Mar 2023 | £323,043 | £320,000 | 16 PEVENSEY DRIVE |
| 24 Mar 2023 | £242,283 | £240,000 | 9 WORTHING MEWS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Jul 2019. Using an estimated price of £347,729 means this house is valued at £4,897 per sq meter (£455 per sq foot).
The average size of a house on PORTSMOUTH ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dover Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |
| Apr 2024 | Possession of weapons | Under investigation | On or near West Road |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near West Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Road |