£398,518
This estimated value is based upon the latest sale price for the house of £390,000 on 29 Jun 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Victoria Road
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| Price Paid | Date |
|---|---|
| £390,000 | 29 Jun 2022 |
| £215,000 | 9 Jun 2014 |
| £75,000 | 27 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 840 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 June 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £390,000 results in an estimated price of approximately £398,518.
| 29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £390,000 | £8,518 | £398,518 |
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 | -12.442 % | £-48,524 | £341,475 |
| 3 Month Average | -3.458 % | £-13,485 | £376,514 |
| 6 Month Average | -7.457 % | £-29,081 | £360,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £320,639 | £312,500 | 9 RUSSELL ROAD |
| 22 Sep 2023 | £194,283 | £190,000 | FLAT 29 CROSSLEY VIEW MARINE PARADE EAST |
| 5 Apr 2023 | £540,102 | £530,000 | 25 LANCASTER GARDENS WEST |
| 29 Jun 2022 | £398,519 | £390,000 | 17 VICTORIA ROAD |
| 29 Mar 2022 | £469,770 | £450,000 | 8 ALBERT GARDENS |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 2 Oct 2010. Using an estimated price of £398,519 means this house is valued at £5,102 per sq meter (£474 per sq foot).
The average size of a house on VICTORIA ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Victoria Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Road |