£304,825
This estimated value is based upon the latest sale price for the house of £240,500 on 14 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,500 | 14 Sep 2017 |
| £98,000 | 16 Feb 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £240,500 results in an estimated price of approximately £304,825.
| 14 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £240,500 | £64,325 | £304,825 |
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 | 9.577 % | £23,033 | £263,533 |
| 3 Month Average | 16.620 % | £39,971 | £280,471 |
| 6 Month Average | 10.830 % | £26,044 | £266,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £149,209 | £147,000 | 24 KINGS HEAD STREET |
| 31 Jul 2023 | £217,933 | £215,000 | 38 WEST STREET |
| 26 Jul 2023 | £212,865 | £210,000 | 18 KINGS QUAY STREET |
| 28 Apr 2023 | £267,884 | £265,000 | 38A WEST STREET |
| 17 Mar 2023 | £83,789 | £83,000 | FLAT 8 QUAYSIDE COURT THE QUAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 11 Apr 2019. Using an estimated price of £304,825 means this house is valued at £2,822 per sq meter (£262 per sq foot).
The average size of a house on EASTGATE STREET is 201 sq meters (2,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ferry Terminal |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastgate Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastgate Street |
| Apr 2024 | Anti-social behaviour | On or near Custom House Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Custom House Lane |