£157,927
This estimated value is based upon the latest sale price for the house of £84,000 on 17 Jan 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £84,000 | 17 Jan 2005 |
| £45,000 | 17 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2005 the House Price Index for ESSEX was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £84,000 results in an estimated price of approximately £157,927.
| 17 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £84,000 | £73,927 | £157,927 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 48.808 % | £40,998 | £124,998 |
| 3 Month Average | 49.311 % | £41,421 | £125,421 |
| 6 Month Average | 50.410 % | £42,344 | £126,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £189,155 | £187,500 | 5 TYLER STREET |
| 29 Jun 2023 | £151,839 | £150,000 | 46 GARLAND ROAD |
| 15 Nov 2022 | £252,936 | £256,000 | 5 GARLAND ROAD |
| 31 Aug 2022 | £199,463 | £200,000 | 9 ADELAIDE STREET |
| 13 Jul 2022 | £150,405 | £150,000 | 34 HAMILTON STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Sep 2014. Using an estimated price of £157,927 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on GARLAND ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garland Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Garland Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Garland Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Garland Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garland Road |