£679,601
This estimated value is based upon the latest sale price for the house of £305,000 on 18 Nov 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£305,000 | 18 Nov 2003 |
Detached |
Freehold |
Floor Area: 158 sq meters or 1,700 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 November 2003 the House Price Index for ESSEX was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £305,000 results in an estimated price of approximately £679,601.
18 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 149.7 | 122.820 % | £305,000 | £374,601 | £679,601 |
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 | 56.338 % | £171,829 | £476,829 |
3 Month Average | 73.533 % | £224,274 | £529,274 |
6 Month Average | 82.438 % | £251,436 | £556,436 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £216,657 | £210,000 | 2 CONNAUGHT CLOSE |
1 Jun 2023 | £479,611 | £470,000 | 123 MARINE PARADE EAST |
18 Jan 2023 | £165,442 | £165,000 | 23 HEYBRIDGE COURT CONNAUGHT GARDENS EAST |
1 Sep 2022 | £164,890 | £165,000 | FLAT 3 WESTMINSTER COURT CONNAUGHT GARDENS EAST |
29 Apr 2022 | £586,143 | £565,000 | 2 SECOND AVENUE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 8 May 2019. Using an estimated price of £679,601 means this house is valued at £4,301 per sq meter (£399 per sq foot).
The average size of a house on FIRST AVENUE is 130 sq meters (1,404 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near First Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
Jun 2024 | Other theft | Under investigation | On or near First Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near First Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |