£218,819
This estimated value is based upon the latest sale price for the house of £162,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £162,000 | 31 Mar 2016 |
| £124,000 | 20 Aug 2007 |
| £39,000 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £162,000 results in an estimated price of approximately £218,819.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £162,000 | £56,819 | £218,819 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 96.678 % | £156,618 | £318,618 |
| 3 Month Average | 43.205 % | £69,991 | £231,991 |
| 6 Month Average | 36.706 % | £59,463 | £221,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £371,753 | £367,000 | 2 BRITANNIA MEWS |
| 1 Sep 2023 | £354,533 | £350,000 | 6 BERECHURCH ROAD |
| 30 Aug 2023 | £279,949 | £277,500 | 49 MEYRICK CRESCENT |
| 4 Jul 2023 | £385,184 | £380,000 | 52 POWNALL CRESCENT |
| 13 Apr 2023 | £394,245 | £390,000 | 28 MEYRICK CRESCENT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 16 Mar 2016. Using an estimated price of £218,819 means this house is valued at £3,907 per sq meter (£363 per sq foot).
The average size of a house on BERECHURCH ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meyrick Crescent |