£66,824
This estimated value is based upon the latest sale price for the house of £45,000 on 17 Mar 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £45,000 | 17 Mar 2015 |
| Freehold |
| Floor Area: 21 sq meters or 226 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 March 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £45,000 results in an estimated price of approximately £66,824.
| 17 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £45,000 | £21,824 | £66,824 |
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 | 41.832 % | £18,824 | £63,824 |
| 3 Month Average | 35.463 % | £15,958 | £60,958 |
| 6 Month Average | 43.860 % | £19,736 | £64,736 |
| 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 21 sq meters or 226 sq feet when measured on 13 May 2014. Using an estimated price of £66,824 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on OLD ROAD is 75 sq meters (807 sq feet).
This house is the smallest in the street with a floor area of 21 sq meters (226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empire Mews |
| Jul 2024 | Public order | Under investigation | 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 |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Empire Mews |