£186,909
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 17 Aug 2018 |
| £85,000 | 3 Nov 2008 |
| £59,995 | 2 Nov 2001 |
| £38,000 | 20 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £150,000 results in an estimated price of approximately £186,909.
| 17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £150,000 | £36,909 | £186,909 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -20.207 % | £-30,310 | £119,689 |
| 3 Month Average | 13.375 % | £20,061 | £170,061 |
| 6 Month Average | 11.179 % | £16,768 | £166,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,818 | £185,000 | 107 MAGDALEN STREET |
| 12 Oct 2023 | £209,764 | £205,000 | 115 MAGDALEN STREET |
| 7 Aug 2023 | £336,061 | £330,000 | 92 GEORGE WILLIAMS WAY |
| 5 Apr 2023 | £136,045 | £133,500 | 205 GEORGE WILLIAMS WAY |
| 7 Oct 2022 | £600,245 | £602,250 | 127 GEORGE WILLIAMS WAY |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 23 Mar 2020. Using an estimated price of £186,909 means this house is valued at £4,558 per sq meter (£423 per sq foot).
The average size of a house on MAGDALEN STREET is 59 sq meters (636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Action to be taken by another organisation | On or near Simons Lane Magdalen Green |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Simons Lane Magdalen Green |
| Jul 2024 | Other theft | Under investigation | On or near Simons Lane Magdalen Green |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Simons Lane Magdalen Green |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |