£550,731
This estimated value is based upon the latest sale price for the house of £312,500 on 16 Oct 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £312,500 | 16 Oct 2008 |
| £109,000 | 12 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2008 the House Price Index for ESSEX was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £312,500 results in an estimated price of approximately £550,731.
| 16 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 149.7 | 76.234 % | £312,500 | £238,231 | £550,731 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -4.320 % | £-13,500 | £298,999 |
| 3 Month Average | 46.691 % | £145,910 | £458,410 |
| 6 Month Average | 45.077 % | £140,866 | £453,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £600,212 | £595,000 | 10 UPPER THIRD AVENUE |
| 27 Mar 2024 | £538,270 | £530,000 | 36 UPPER FOURTH AVENUE |
| 17 Nov 2023 | £266,772 | £260,000 | DEAN COTTAGE, 113 OLD ROAD |
| 27 Oct 2023 | £424,645 | £415,000 | 81 OLD ROAD |
| 29 Sep 2023 | £235,184 | £230,000 | 9 PORTLAND HOUSE FOURTH AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Jan 2014. Using an estimated price of £550,732 means this house is valued at £7,246 per sq meter (£673 per sq foot).
The average size of a house on UPPER FOURTH AVENUE is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Fourth Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Shopping Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Shoplifting | Under investigation | On or near Supermarket |