£700,556
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£150,000 | 31 Jul 1998 |
£132,000 | 2 Jun 1997 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 1998 the House Price Index for ESSEX was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £150,000 results in an estimated price of approximately £700,556.
31 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 367.038 % | £150,000 | £550,556 | £700,556 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 380.843 % | £571,265 | £721,265 |
3 Month Average | 439.533 % | £659,299 | £809,299 |
6 Month Average | 436.819 % | £655,228 | £805,228 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2023 | £527,094 | £520,000 | 26 OLD HALL LANE |
22 Jun 2023 | £339,108 | £335,000 | 16 LOUISE CLOSE |
15 Jun 2023 | £141,717 | £140,000 | FLAT 2 ELIZABETH COURT LOUISE CLOSE |
12 Aug 2022 | £219,409 | £220,000 | FLAT 17 EARLSWOOD LODGE NAZE PARK ROAD |
13 Jun 2022 | £244,911 | £241,450 | 8 NAZE COURT |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 18 Feb 2016. Using an estimated price of £700,557 means this house is valued at £4,798 per sq meter (£445 per sq foot).
The average size of a house on OLD HALL LANE is 162 sq meters (1,752 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Hall Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hall Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Hall Lane |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Hall Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |