£67,944
This estimated value is based upon the latest sale price for the house of £55,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £55,000 | 4 Jan 2019 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £55,000 results in an estimated price of approximately £67,944.
| 4 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £55,000 | £12,944 | £67,944 |
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 | 59.636 % | £32,799 | £87,799 |
| 3 Month Average | 9.616 % | £5,288 | £60,288 |
| 6 Month Average | 12.076 % | £6,641 | £61,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £63,947 | £63,000 | FLAT 28 COLEMAN COURT STATION ROAD |
| 11 Aug 2023 | £63,052 | £62,500 | FLAT 46 COLEMAN COURT STATION ROAD |
| 27 Jul 2023 | £121,637 | £120,000 | FLAT 20 COLEMAN COURT STATION ROAD |
| 30 Jun 2023 | £64,785 | £64,000 | FLAT 19 COLEMAN COURT STATION ROAD |
| 22 Mar 2023 | £302,853 | £300,000 | 54 STATION ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 May 2019. Using an estimated price of £67,945 means this house is valued at £1,045 per sq meter (£97 per sq foot).
The average size of a house on STATION ROAD is 57 sq meters (621 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Carnarvon Road |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Carnarvon Road |
| Mar 2024 | Anti-social behaviour | On or near Carnarvon Road | |
| Mar 2024 | Anti-social behaviour | On or near Carnarvon Road | |
| Mar 2024 | Anti-social behaviour | On or near Carnarvon Road |