£102,962
This estimated value is based upon the latest sale price for the house of £50,000 on 8 Apr 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £50,000 | 8 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £50,000 results in an estimated price of approximately £102,962.
| 8 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £50,000 | £52,962 | £102,962 |
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 | 58.173 % | £29,086 | £79,086 |
| 3 Month Average | 61.013 % | £30,506 | £80,506 |
| 6 Month Average | 71.143 % | £35,571 | £85,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £86,975 | £85,000 | 102A OLD ROAD |
| 29 Jun 2023 | £188,783 | £185,000 | 119 OLD ROAD |
| 13 Jan 2023 | £70,188 | £70,000 | 53 MEREDITH ROAD |
| 9 Sep 2022 | £219,853 | £220,000 | 40 MEREDITH ROAD |
| 1 Sep 2022 | £374,750 | £375,000 | 110 OLD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Feb 2019. Using an estimated price of £102,963 means this house is valued at £1,430 per sq meter (£132 per sq foot).
The average size of a house on OLD ROAD is 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Page Road |
| Jul 2024 | Other theft | Under investigation | On or near Page Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Page Road |
| Jul 2024 | Bicycle theft | Under investigation | On or near Page Road |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Page Road |