£150,084
This estimated value is based upon the latest sale price for the house of £90,000 on 7 Dec 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £90,000 | 7 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 December 2006 the House Price Index for ESSEX was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £90,000 results in an estimated price of approximately £150,084.
| 7 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £90,000 | £60,084 | £150,084 |
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 | 31.080 % | £27,971 | £117,971 |
| 3 Month Average | 34.065 % | £30,658 | £120,658 |
| 6 Month Average | 40.014 % | £36,012 | £126,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £254,592 | £250,000 | 9 MAGDALEN ROAD |
| 15 Aug 2022 | £110,517 | £110,000 | 135B OLD ROAD |
| 20 Jul 2022 | £225,762 | £223,500 | 87 WARWICK ROAD |
| 23 May 2022 | £104,728 | £102,000 | 153 OLD ROAD |
| 14 Dec 2021 | £183,482 | £170,000 | FLAT 136 OLD ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 1 Apr 2014. Using an estimated price of £150,085 means this house is valued at £1,485 per sq meter (£138 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 | Unable to prosecute suspect | On or near Empire Mews |
| Jul 2024 | Anti-social behaviour | On or near Empire Mews | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Empire Mews |
| Jul 2024 | Public order | Under investigation | On or near Empire Mews |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Empire Mews |