£510,574
This estimated value is based upon the latest sale price for the house of £430,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 18 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £430,000 results in an estimated price of approximately £510,574.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £430,000 | £80,574 | £510,574 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 1.098 % | £4,722 | £434,722 |
| 3 Month Average | 6.813 % | £29,298 | £459,298 |
| 6 Month Average | 25.711 % | £110,557 | £540,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £882,722 | £875,000 | STARBOARD HOUSE, 12B REMEMBRANCE AVENUE |
| 1 Aug 2023 | £272,383 | £270,000 | 3 KINGS ROAD |
| 21 Apr 2023 | £295,684 | £292,500 | 3 CORONATION ROAD |
| 3 Apr 2023 | £272,939 | £270,000 | 11 CORONATION ROAD |
| 10 Feb 2023 | £259,825 | £260,000 | 166A STATION ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 Feb 2020. Using an estimated price of £510,574 means this house is valued at £4,478 per sq meter (£416 per sq foot).
The average size of a house on REMEMBRANCE AVENUE is 195 sq meters (2,107 sq feet).
This house is the smallest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Remembrance Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coronation Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |