£170,652
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Nov 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£110,000 | 7 Nov 2007 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 November 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £110,000 results in an estimated price of approximately £170,652.
7 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.6 | 55.138 % | £110,000 | £60,652 | £170,652 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 43.800 % | £48,179 | £158,179 |
3 Month Average | 33.951 % | £37,346 | £147,346 |
6 Month Average | 34.116 % | £37,527 | £147,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £199,922 | £197,500 | 25 FAIRFIELD ROAD |
16 Jun 2023 | £263,188 | £260,000 | 110 WELLESLEY ROAD |
1 Feb 2023 | £227,847 | £228,000 | DENVER, 2A CAMBRIDGE ROAD |
23 Jan 2023 | £238,875 | £240,000 | 135 WELLESLEY ROAD |
24 Aug 2022 | £164,557 | £165,000 | 30 CAMBRIDGE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Aug 2017. Using an estimated price of £170,652 means this house is valued at £2,509 per sq meter (£233 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 72 sq meters (783 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Olivers Road |