£243,921
This estimated value is based upon the latest sale price for the house of £196,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£196,000 | 4 Jan 2019 |
£120,000 | 26 Feb 2004 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £196,000 results in an estimated price of approximately £243,921.
4 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £196,000 | £47,921 | £243,921 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -11.416 % | £-22,374 | £173,625 |
3 Month Average | 6.694 % | £13,120 | £209,120 |
6 Month Average | 8.755 % | £17,159 | £213,159 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £257,500 | £257,500 | 90 ALBERT STREET |
25 Aug 2023 | £234,224 | £230,000 | 77 ALBERT STREET |
28 Mar 2023 | £215,092 | £211,500 | 29 ALBERT STREET |
28 Jul 2022 | £303,036 | £300,000 | 29 MERCERS WAY |
28 Apr 2022 | £229,270 | £221,000 | 44 ALBERT STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 May 2014. Using an estimated price of £243,922 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on ALBERT STREET is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Albert Street |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Margaret Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near North Station Road |
Jul 2024 | Burglary | Under investigation | On or near North Station Road |