£383,958
This estimated value is based upon the latest sale price for the house of £367,800 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £367,800 | 24 Mar 2022 |
| £182,500 | 9 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £367,800 results in an estimated price of approximately £383,958.
| 24 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £367,800 | £16,158 | £383,958 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 18.624 % | £68,499 | £436,299 |
| 3 Month Average | 27.247 % | £100,213 | £468,013 |
| 6 Month Average | 7.848 % | £28,863 | £396,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £123,804 | £120,000 | 29 PORTLAND AVENUE |
| 17 Nov 2023 | £174,428 | £170,000 | 39 LEE ROAD |
| 17 Mar 2023 | £183,057 | £180,000 | 10 LEE ROAD |
| 3 Feb 2023 | £291,950 | £290,000 | 26 FRONKS ROAD |
| 4 Jul 2022 | £308,592 | £305,500 | 18 FRONKS ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 1 Nov 2021. Using an estimated price of £383,959 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on FRONKS ROAD is 140 sq meters (1,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near First Avenue |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near First Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near First Avenue |
| May 2024 | Anti-social behaviour | On or near Lee Road | |
| May 2024 | Anti-social behaviour | On or near Lee Road |