£108,756
This estimated value is based upon the latest sale price for the house of £85,000 on 7 Aug 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £85,000 | 7 Aug 2017 |
| £65,000 | 16 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £85,000 results in an estimated price of approximately £108,756.
| 7 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £85,000 | £23,756 | £108,756 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -16.423 % | £-13,959 | £71,040 |
| 3 Month Average | 9.727 % | £8,268 | £93,268 |
| 6 Month Average | 8.539 % | £7,258 | £92,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £85,745 | £85,000 | 50 THE DELL |
| 18 Aug 2023 | £269,867 | £265,000 | 27 PRIORY STREET |
| 23 Mar 2023 | £86,444 | £85,000 | 2 THE DELL |
| 17 Oct 2022 | £313,951 | £315,000 | 38 PRIORY STREET |
| 7 Jul 2022 | £78,284 | £77,500 | 51 THE DELL |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 13 Apr 2017. Using an estimated price of £108,757 means this house is valued at £2,416 per sq meter (£224 per sq foot).
The average size of a house on THE DELL is 49 sq meters (532 sq feet).