£222,642
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 8 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £180,000 results in an estimated price of approximately £222,642.
| 8 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £180,000 | £42,642 | £222,642 |
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 | -36.627 % | £-65,928 | £114,071 |
| 3 Month Average | 1.701 % | £3,061 | £183,061 |
| 6 Month Average | 2.342 % | £4,216 | £184,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £346,055 | £340,000 | 31 WEST STOCKWELL STREET |
| 16 Mar 2023 | £141,332 | £140,000 | FLAT 12 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 8 Aug 2022 | £129,651 | £130,000 | FLAT 5 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 30 Jun 2022 | £268,799 | £265,000 | 3 PARKSIDE QUARTER |
| 30 Jun 2022 | £167,872 | £165,500 | 7 ROMAN WALL SHORTCUT ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 17 Aug 2015. Using an estimated price of £222,643 means this house is valued at £1,970 per sq meter (£183 per sq foot).
The average size of a house on NORTHGATE STREET is 62 sq meters (676 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Cut Road |