£179,384
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Jun 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£105,000 | 30 Jun 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 650 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 June 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £105,000 results in an estimated price of approximately £179,384.
30 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.842 % | £105,000 | £74,384 | £179,384 |
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 | 27.488 % | £28,862 | £133,862 |
3 Month Average | 62.745 % | £65,882 | £170,882 |
6 Month Average | 55.335 % | £58,101 | £163,101 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £424,645 | £415,000 | 81 OLD ROAD |
8 Jun 2023 | £305,115 | £299,000 | 4 PORTAS HOUSE, 40 QUEENS ROAD |
3 Mar 2023 | £177,972 | £175,000 | 110A CONNAUGHT AVENUE |
20 Jan 2023 | £200,536 | £200,000 | 14 CONNAUGHT HOUSE CONNAUGHT AVENUE |
6 May 2022 | £102,670 | £99,995 | 102A CONNAUGHT AVENUE |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 12 Nov 2009. Using an estimated price of £179,384 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on CONNAUGHT AVENUE is 80 sq meters (871 sq feet).