£195,569
This estimated value is based upon the latest sale price for the house of £104,500 on 1 Feb 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£104,500 | 1 Feb 2005 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 912 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 February 2005 the House Price Index for ESSEX was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £104,500 results in an estimated price of approximately £195,569.
1 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £104,500 | £91,069 | £195,569 |
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 | 101.773 % | £106,352 | £210,852 |
3 Month Average | 61.941 % | £64,728 | £169,228 |
6 Month Average | 55.559 % | £58,059 | £162,559 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £199,922 | £197,500 | 25 FAIRFIELD ROAD |
16 Jun 2023 | £263,188 | £260,000 | 110 WELLESLEY ROAD |
1 Feb 2023 | £227,847 | £228,000 | DENVER, 2A CAMBRIDGE ROAD |
23 Jan 2023 | £238,875 | £240,000 | 135 WELLESLEY ROAD |
24 Aug 2022 | £164,557 | £165,000 | 30 CAMBRIDGE ROAD |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 8 Jan 2009. Using an estimated price of £195,569 means this house is valued at £2,306 per sq meter (£214 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 72 sq meters (783 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Olivers Road |