£158,989
This estimated value is based upon the latest sale price for the house of £115,000 on 13 Jan 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£115,000 | 13 Jan 2016 |
£99,995 | 9 Jan 2004 |
£59,995 | 30 Jul 2001 |
£44,100 | 30 Apr 1999 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £115,000 results in an estimated price of approximately £158,989.
13 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £115,000 | £43,989 | £158,989 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 146.634 % | £168,629 | £283,629 |
3 Month Average | 61.151 % | £70,323 | £185,323 |
6 Month Average | 47.093 % | £54,157 | £169,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £203,121 | £200,000 | 23 POUND FARM DRIVE |
18 Dec 2023 | £193,444 | £187,500 | 574 MAIN ROAD |
28 Sep 2023 | £184,057 | £180,000 | 15 CLARKES ROAD |
1 Sep 2023 | £200,418 | £196,000 | 28 CLARKES ROAD |
5 Apr 2023 | £331,195 | £325,000 | 15 ROSE GARDENS |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Dec 2016. Using an estimated price of £158,989 means this house is valued at £1,543 per sq meter (£143 per sq foot).
The average size of a house on CLARKES ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oulton Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rose Gardens |
Jun 2024 | Other theft | Under investigation | On or near Rose Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rose Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rose Gardens |